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

Compass Group PLC (OTCMKTS:CMPGY - Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 61,700 shares, a decline of 33.1% from the September 30th total of 92,200 shares. Based on an average daily trading volume, of 157,000 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of Compass Group to a "hold" rating in a report on Friday, October 11th.

Compass Group Trading Up 0.9 %

OTCMKTS CMPGY traded up $0.31 during trading on Friday, hitting $33.20. 146,195 shares of the company's stock traded hands, compared to its average volume of 163,293. Compass Group has a 12-month low of $24.83 and a 12-month high of $33.66. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.78 and a quick ratio of 0.70. The business has a 50 day moving average of $32.50 and a 200-day moving average of $30.04.

Compass Group Company Profile

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.