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

Compass Group PLC (OTCMKTS:CMPGY) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 53,000 shares, a drop of 31.1% from the October 31st total of 76,900 shares. Based on an average daily volume of 592,500 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised Compass Group to a “hold” rating in a research report on Friday, October 11th.

Compass Group Stock Performance

OTCMKTS CMPGY traded down $0.21 during midday trading on Friday, hitting $34.51. The company had a trading volume of 68,632 shares, compared to its average volume of 231,883. The firm has a fifty day simple moving average of $33.24 and a two-hundred day simple moving average of $31.06. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.70 and a current ratio of 0.78. Compass Group has a fifty-two week low of $25.27 and a fifty-two week high of $34.99.

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.