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

FirstGroup plc (OTCMKTS:FGROY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 200 shares, an increase of 100.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 1.0 days.

FirstGroup Stock Performance

Shares of FirstGroup stock remained flat at $1.86 during trading hours on Wednesday. 28 shares of the stock traded hands, compared to its average volume of 48. FirstGroup has a fifty-two week low of $1.51 and a fifty-two week high of $2.55. The company’s fifty day moving average price is $1.88 and its 200-day moving average price is $1.94. The company has a current ratio of 0.70, a quick ratio of 0.68 and a debt-to-equity ratio of 1.23.

About FirstGroup

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.