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

Compass Group PLC (OTCMKTS:CMPGY) was the recipient of a significant 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 trading volume of 157,000 shares, the short-interest ratio is currently 0.4 days.

Analyst Ratings Changes

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

Compass Group Price Performance

OTCMKTS CMPGY traded up $0.31 during trading hours on Friday, hitting $33.20. 146,195 shares of the company’s stock traded hands, compared to its average volume of 163,293. The company has a quick ratio of 0.70, a current ratio of 0.78 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average is $32.50 and its 200-day moving average is $30.03. Compass Group has a 52-week low of $24.83 and a 52-week high of $33.66.

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.