Short Interest in Compass Group PLC (OTCMKTS:CMPGY) Decreases By 33.1%

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

Wall Street Analyst Weigh In

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

Compass Group Price Performance

Compass Group stock traded up $0.53 during midday trading on Monday, hitting $33.73. 66,157 shares of the stock were exchanged, compared to its average volume of 162,825. 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 stock’s 50-day simple moving average is $32.54 and its 200 day simple moving average is $30.09. Compass Group has a fifty-two week low of $25.02 and a fifty-two week high of $33.73.

About Compass Group

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.