Capita plc (OTCMKTS:CTAGF) Short Interest Down 40.9% in August

Capita plc (OTCMKTS:CTAGF) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 290,928 shares, a drop of 40.9% from the July 30th total of 491,857 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Capita in a research note on Friday, July 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Capita currently has an average rating of “Hold”.

Capita Price Performance

OTCMKTS CTAGF opened at $3.50 on Tuesday. The firm has a 50 day simple moving average of $3.50 and a 200-day simple moving average of $3.56. Capita has a one year low of $3.50 and a one year high of $4.35.

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.