Mitie Group PLC. (OTCMKTS:MITFY) Short Interest Update

Mitie Group PLC. (OTCMKTS:MITFY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 10,257 shares, an increase of 1,570.5% from the July 15th total of 614 shares. Based on an average daily volume of 9,555 shares, the short-interest ratio is presently 1.1 days. Approximately 0.0% of the shares of the company are sold short.

Mitie Group Trading Down 2.7%

Shares of Mitie Group stock traded down $0.30 during trading hours on Tuesday, reaching $10.84. The company’s stock had a trading volume of 260 shares, compared to its average volume of 1,627. The company’s 50 day simple moving average is $9.31 and its 200 day simple moving average is $9.43. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.92. Mitie Group has a one year low of $7.11 and a one year high of $11.52.

About Mitie Group

Mitie Group plc (OTCMKTS: MITFY) is a UK‐based provider of integrated facilities management and professional services. The company delivers a comprehensive suite of solutions including building maintenance, security, cleaning, catering, waste management, energy management, engineering services and project delivery. Through its technology-enabled platform, Mitie focuses on improving operational efficiency, sustainability and compliance for clients across a range of industries.

Founded in 1987 and listed on the London Stock Exchange in 2006, Mitie has grown through a combination of organic development and strategic acquisitions.