FirstGroup plc (OTCMKTS:FGROY) Sees Large Drop in Short Interest

FirstGroup plc (OTCMKTS:FGROY - Get Free Report) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 900 shares, a decline of 25.0% from the November 15th total of 1,200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 4.5 days.

FirstGroup Stock Performance

Shares of FGROY remained flat at $1.75 during midday trading on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.69 and a quick ratio of 0.68. FirstGroup has a 52-week low of $1.51 and a 52-week high of $2.55. The firm has a 50-day moving average price of $1.82 and a 200-day moving average price of $2.00.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,800 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, and Avanti West Coast franchises; and hull trains and Lumos.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.