Mitie Group plc (OTCMKTS:MITFY) Short Interest Update


Mitie Group plc (OTCMKTS:MITFY) Short Interest Update

Mitie Group plc (OTCMKTS:MITFY - Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 7,600 shares, a growth of 442.9% from the December 15th total of 1,400 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 3.3 days.

OTCMKTS:MITFY traded down $0.06 on Monday, hitting $5.25. 213 shares of the company's stock traded hands, compared to its average volume of 3,119. Mitie Group has a 1 year low of $4.88 and a 1 year high of $6.68. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.52. The firm has a 50-day moving average price of $5.65 and a 200-day moving average price of $6.00.

The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Friday, December 20th will be paid a $0.0654 dividend. The ex-dividend date of this dividend is Friday, December 20th.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Mitie Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitie Group wasn't on the list.

While Mitie Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Previous articleNext article

POPULAR CATEGORY

corporate

10692

tech

11464

entertainment

13144

research

5992

misc

13967

wellness

10633

athletics

13991