Mitie Group plc (OTCMKTS:MITFY) Short Interest Update

Mitie Group plc (OTCMKTS:MITFY - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a decrease of 92.3% from the March 31st total of 6,500 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 46,400 shares, the short-interest ratio is presently 0.0 days.

Mitie Group Stock Up 2.0 %

Shares of OTCMKTS MITFY traded up $0.15 during mid-day trading on Thursday, reaching $7.69. 544 shares of the company traded hands, compared to its average volume of 8,183. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.89 and a current ratio of 0.90. The company's fifty day moving average is $6.31 and its two-hundred day moving average is $5.97. Mitie Group has a fifty-two week low of $5.25 and a fifty-two week high of $7.91.

Wall Street Analysts Forecast Growth

MITFY has been the subject of a number of recent research reports. The Goldman Sachs Group raised Mitie Group to a "hold" rating in a research note on Wednesday, February 26th. Berenberg Bank raised Mitie Group to a "strong-buy" rating in a research note on Wednesday, January 29th.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.