Mitie Group plc (OTCMKTS:MITFY) Short Interest Update

Mitie Group plc (OTCMKTS:MITFY) 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.

Mitie Group Stock Performance

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.

Mitie Group Cuts Dividend

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.

About Mitie Group

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.