FDM Group (Holdings) plc (OTCMKTS:FDDMF) Sees Large Drop in Short Interest

FDM Group (Holdings) plc (OTCMKTS:FDDMF) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 1,364 shares, a decrease of 79.6% from the June 15th total of 6,688 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

FDM Group Stock Performance

OTCMKTS:FDDMF remained flat at $1.43 during midday trading on Friday. The company’s 50 day moving average price is $1.43 and its 200 day moving average price is $1.56. FDM Group has a fifty-two week low of $1.42 and a fifty-two week high of $3.08.

FDM Group Company Profile

FDM Group is a global professional services provider specializing in recruiting, training, and placing graduates, ex-military personnel and returners to work into roles across technology and business sectors. The company operates a proprietary Academy training model that equips consultants with skills in areas such as software development, data analytics, cybersecurity and project management. After completing the Academy, consultants are deployed to client sites for fixed-term engagements, where they provide bespoke solutions and support on digital transformation initiatives.

The firm’s core service offerings include application development, infrastructure management, business intelligence, and change management, delivered through a combination of onsite and remote consultancy.