Mitie Group plc (OTCMKTS:MITFF) Short Interest Update

Mitie Group plc (OTCMKTS:MITFF) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 79,784 shares, a decline of 24.6% from the January 15th total of 105,827 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada assumed coverage on Mitie Group in a report on Thursday, December 4th. They set an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Mitie Group Trading Up 4.4%

Shares of MITFF stock opened at $2.42 on Friday. Mitie Group has a 1 year low of $1.40 and a 1 year high of $2.42. The stock has a 50 day simple moving average of $2.25 and a 200 day simple moving average of $2.07.

Mitie Group Company Profile

Mitie Group plc is a leading provider of facilities management and professional services in the United Kingdom. The company offers an integrated suite of solutions spanning cleaning, security, catering, engineering maintenance, energy management and waste disposal. Through its focus on lifecycle management and sustainability, Mitie helps organisations optimise operational efficiency, reduce environmental impact and maintain compliance across their property portfolios.

Serving both public and private sector clients, Mitie delivers tailored service offerings to industries such as healthcare, education, transportation, retail and government.