Compass Group PLC (OTCMKTS:CMPGY) Sees Large Increase in Short Interest

Compass Group PLC (OTCMKTS:CMPGY) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 117,851 shares, an increase of 208.8% from the July 30th total of 38,164 shares. Based on an average daily volume of 568,802 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Compass Group Stock Down 2.4%

Shares of OTCMKTS:CMPGY opened at $30.15 on Thursday. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 0.86. Compass Group has a 12 month low of $26.95 and a 12 month high of $35.94. The firm’s 50-day moving average is $32.03 and its 200 day moving average is $30.74.

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.