Compass Group PLC (OTCMKTS:CMPGY) Sees Large Increase in Short Interest

Compass Group PLC (OTCMKTS:CMPGY) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 214,700 shares, an increase of 588.1% from the March 15th total of 31,200 shares. Based on an average daily trading volume, of 607,400 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Compass Group Price Performance

Shares of OTCMKTS CMPGY traded up $0.25 during midday trading on Tuesday, reaching $33.40. The company had a trading volume of 135,944 shares, compared to its average volume of 262,232. The firm’s fifty day moving average price is $33.80 and its 200-day moving average price is $33.68. The company has a current ratio of 0.74, a quick ratio of 0.67 and a debt-to-equity ratio of 0.70. Compass Group has a one year low of $26.55 and a one year high of $36.33.

About Compass Group

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.