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

Compass Group PLC (OTCMKTS:CMPGY) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 60,819 shares, a decline of 42.7% from the June 15th total of 106,152 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 728,405 shares, the short-interest ratio is currently 0.1 days.

Compass Group Price Performance

Shares of Compass Group stock opened at $31.65 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 0.86. Compass Group has a twelve month low of $26.95 and a twelve month high of $36.32. The firm’s 50-day moving average price is $32.31 and its 200 day moving average price is $30.56.

About Compass Group

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.