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

Compass Group PLC (OTCMKTS:CMPGY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 227,363 shares, an increase of 594.5% from the April 30th total of 32,740 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 625,260 shares, the days-to-cover ratio is presently 0.4 days.

Compass Group Stock Performance

Shares of OTCMKTS CMPGY traded up $0.31 during midday trading on Thursday, hitting $31.32. 15,072 shares of the company’s stock were exchanged, compared to its average volume of 514,657. The firm’s fifty day simple moving average is $29.42 and its 200-day simple moving average is $30.37. Compass Group has a twelve month low of $26.95 and a twelve month high of $36.32. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.73 and a quick ratio of 0.65.

Compass Group Company Profile

Compass Group is a UK-based multinational company that specializes in contract foodservice and support services for corporate, education, healthcare, sports and leisure, defense, and remote-site clients. The company delivers on-site catering, concession and hospitality services, vending, and retail food offerings, drawing on a portfolio of operating units and local brands to tailor services to client needs. Its business model focuses on delivering food and related services under long-term contracts for institutions and organizations rather than direct retail food sales.

Beyond core catering, Compass Group offers a range of integrated support services including facilities management, cleaning, waste management, catering technology, and workforce management solutions.