Capita plc (OTCMKTS:CTAGF) Sees Large Growth in Short Interest

Capita plc (OTCMKTS:CTAGFGet Rating) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 754,900 shares, a growth of 57,969.2% from the May 15th total of 1,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Capita stock remained flat at $$0.62 during mid-day trading on Friday. Capita has a 12 month low of $0.62 and a 12 month high of $0.62. The business’s 50 day moving average price is $0.62 and its two-hundred day moving average price is $0.62.

A number of equities research analysts have recently issued reports on CTAGF shares. Barclays dropped their price target on Capita from GBX 80 ($1.00) to GBX 65 ($0.81) in a research report on Friday, March 11th. Royal Bank of Canada lowered their price objective on Capita from GBX 50 ($0.63) to GBX 42 ($0.53) in a research report on Thursday, April 7th.

About Capita (Get Rating)

Capita plc provides consulting, digital, and software products and services to clients in the private and public sectors in the United Kingdom and internationally. It operates through Public Service, Experience, and Portfolio divisions. The company offers solutions for finance and accounting, procurement, property and infrastructure, travel and event, and workplace administration.

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