Capita plc (OTCMKTS:CTAGF) Short Interest Down 40.9% in August

Capita plc (OTCMKTS:CTAGF) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 290,928 shares, a decline of 40.9% from the July 30th total of 491,857 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ? days.

Capita Price Performance

Shares of CTAGF stock opened at $3.50 on Monday. The stock’s 50-day moving average is $3.50 and its two-hundred day moving average is $3.56. Capita has a 1 year low of $3.50 and a 1 year high of $4.35.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Capita in a report on Friday, July 10th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Capita has a consensus rating of “Hold”.

About Capita

Capita PLC (OTCMKTS: CTAGF) is a leading provider of professional services and business process outsourcing (BPO) solutions. The company partners with public- and private-sector organizations to deliver a range of managed services, from customer engagement and digital transformation to finance, HR, property and procurement. Capita’s offerings are designed to help clients streamline operations, reduce costs and improve service delivery through the adoption of technology, process optimisation and specialist expertise.

Core service areas include customer contact and support, IT infrastructure and application management, software development, and back-office administration.