Capita plc (OTCMKTS:CTAGF) Short Interest Down 60.8% in March

Capita plc (OTCMKTS:CTAGF) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 119,531 shares, a drop of 60.8% from the February 26th total of 304,936 shares. Based on an average daily volume of 909 shares, the days-to-cover ratio is currently 131.5 days.

Capita Price Performance

OTCMKTS:CTAGF remained flat at $3.50 during mid-day trading on Thursday. Capita has a one year low of $3.50 and a one year high of $4.35. The company’s 50 day simple moving average is $3.81 and its two-hundred day simple moving average is $3.79.

About Capita

Capita PLC (OTCMKTS: CTAGF) is a leading provider of professional services and business process outsourcing (BPO) solutions. The company partners with public- and private-sector organizations to deliver a range of managed services, from customer engagement and digital transformation to finance, HR, property and procurement. Capita’s offerings are designed to help clients streamline operations, reduce costs and improve service delivery through the adoption of technology, process optimisation and specialist expertise.

Core service areas include customer contact and support, IT infrastructure and application management, software development, and back-office administration.