FirstGroup plc (OTCMKTS:FGROY) Sees Significant Increase in Short Interest

FirstGroup plc (OTCMKTS:FGROY) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 1,000 shares, an increase of 11.1% from the October 15th total of 900 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 0.6 days.

FirstGroup Price Performance

FGROY stock remained flat at $1.75 on Monday. The company had a trading volume of 78 shares, compared to its average volume of 681. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.68 and a current ratio of 0.69. FirstGroup has a 12-month low of $1.51 and a 12-month high of $2.55. The firm’s 50-day moving average price is $1.94 and its two-hundred day moving average price is $2.09.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,800 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, and Avanti West Coast franchises; and hull trains and Lumos.