Mitie Group plc (OTCMKTS:MITFF) Sees Large Decrease in Short Interest

Mitie Group plc (OTCMKTS:MITFF) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 44,600 shares, a drop of 16.3% from the October 31st total of 53,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Mitie Group Trading Up 8.9 %

Shares of MITFF opened at $1.60 on Monday. The firm has a 50-day simple moving average of $1.59 and a two-hundred day simple moving average of $1.48. Mitie Group has a 1-year low of $1.44 and a 1-year high of $1.60.

About Mitie Group

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.