Short Interest in Mitie Group plc (OTCMKTS:MITFF) Increases By 34.6%

Mitie Group plc (OTCMKTS:MITFF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 93,300 shares, a growth of 34.6% from the February 28th total of 69,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 933.0 days.

Mitie Group Stock Performance

OTCMKTS:MITFF remained flat at $1.40 during mid-day trading on Monday. Mitie Group has a 52-week low of $1.26 and a 52-week high of $1.60. The company has a fifty day moving average of $1.37 and a 200 day moving average of $1.46.

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.