Firstgroup PLC Unsponsored ADR (OTCMKTS:FGROY) Short Interest Up 142.4% in May

Firstgroup PLC Unsponsored ADR (OTCMKTS:FGROY) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 320 shares, a growth of 142.4% from the May 14th total of 132 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 91 shares, the days-to-cover ratio is presently 3.5 days.

Firstgroup Price Performance

Shares of OTCMKTS:FGROY remained flat at $2.04 during midday trading on Friday. 3 shares of the stock were exchanged, compared to its average volume of 175. The business has a 50-day moving average of $2.31 and a 200 day moving average of $2.44. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.70 and a quick ratio of 0.68. Firstgroup has a 12-month low of $2.00 and a 12-month high of $3.31.

About Firstgroup

FirstGroup plc is a transport operator headquartered in Aberdeen, Scotland, providing bus, coach and rail services across the United Kingdom and North America. The company’s core businesses comprise First Bus, which operates local and regional bus networks in urban and rural communities; First Rail, which holds and operates rail franchises on the UK network; and First Transit, a subsidiary offering outsourced transit management services to public agencies and institutions.

Since its formation in 1986 following the privatization of British Rail, FirstGroup has grown through organic bidding for UK rail and bus contracts and strategic acquisitions overseas.