Mitie Group plc (OTCMKTS:MITFF) Short Interest Update

Mitie Group plc (OTCMKTS:MITFF) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 416,200 shares, a growth of 87.6% from the April 30th total of 221,900 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is currently 27.0 days.

Mitie Group Stock Performance

Shares of MITFF stock opened at $2.00 on Monday. Mitie Group has a 12 month low of $1.26 and a 12 month high of $2.00. The company’s fifty day moving average price is $1.70 and its 200-day moving average price is $1.51.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in eight segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities, Care & Custody, Landscapes, Waste, and Spain.