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

Compass Group PLC (OTCMKTS:CMPGY) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 102,402 shares, a decrease of 55.0% from the May 14th total of 227,363 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,038,378 shares, the days-to-cover ratio is presently 0.1 days.

Compass Group Stock Up 3.3%

Compass Group stock traded up $1.10 during midday trading on Friday, hitting $34.22. The stock had a trading volume of 124,959 shares, compared to its average volume of 386,989. The firm’s fifty day moving average is $30.44 and its two-hundred day moving average is $30.40. Compass Group has a 52-week low of $26.95 and a 52-week high of $36.32. The company has a current ratio of 0.73, a quick ratio of 0.65 and a debt-to-equity ratio of 0.72.

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.