Mitie Group plc (OTCMKTS:MITFY - Get Free Report) was the recipient of a significant growth in short interest in January. As of January 31st, there was short interest totalling 9,000 shares, a growth of 25.0% from the January 15th total of 7,200 shares. Based on an average trading volume of 10,700 shares, the days-to-cover ratio is presently 0.8 days.
Analyst Ratings Changes
Separately, Berenberg Bank upgraded Mitie Group to a "strong-buy" rating in a research note on Wednesday, January 29th.
Read Our Latest Research Report on MITFY
Mitie Group Stock Down 1.5 %
Shares of OTCMKTS:MITFY traded down $0.09 during midday trading on Thursday, reaching $5.93. The company's stock had a trading volume of 2,083 shares, compared to its average volume of 7,365. Mitie Group has a fifty-two week low of $5.08 and a fifty-two week high of $6.68. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.89 and a current ratio of 0.90. The business's fifty day simple moving average is $5.75 and its 200-day simple moving average is $5.95.
Mitie Group Cuts Dividend
The company also recently declared a dividend, which was paid on Wednesday, February 19th. Investors of record on Friday, December 20th were issued a $0.0654 dividend. The ex-dividend date was Friday, December 20th.
About Mitie Group
(
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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.
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