Mitie Group plc (OTCMKTS:MITFY) Short Interest Update

Mitie Group plc (OTCMKTS:MITFYGet Rating) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 2,100 shares, a decline of 32.3% from the May 31st total of 3,100 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 2.1 days.

Shares of MITFY stock traded down $0.02 on Monday, hitting $2.73. The stock had a trading volume of 56,800 shares, compared to its average volume of 12,643. Mitie Group has a twelve month low of $2.50 and a twelve month high of $4.20. The company has a fifty day moving average price of $2.85 and a two-hundred day moving average price of $3.07.

The company also recently declared a dividend, which will be paid on Monday, August 22nd. Stockholders of record on Monday, June 27th will be issued a $0.0596 dividend. This is a positive change from Mitie Group’s previous dividend of $0.02. The ex-dividend date of this dividend is Friday, June 24th. This represents a dividend yield of 2.6%.

Mitie Group Company Profile (Get Rating)

Mitie Group plc, through with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. The company operates in six segments: Business Services, Technical Services, Care & Custody, Landscapes, Waste, and Interserve. The Business Services segment offers security services, such as manned guarding and technology-backed monitoring solutions, together with fire and security systems installations; cleaning focuses on general, specialist, and technical cleaning services that include clean rooms, high-security environments, and window cleaning; and office services comprises document management, vetting, and front of house.

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