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Mobico Group Plc (OTCMKTS:NXPGF) Sees Large Drop in Short Interest


Mobico Group Plc (OTCMKTS:NXPGF) Sees Large Drop in Short Interest

Mobico Group Plc (OTCMKTS:NXPGF - Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totalling 718,000 shares, a decline of 21.0% from the August 31st total of 909,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Shares of Mobico Group stock remained flat at $0.66 during trading hours on Friday. The business's 50-day moving average price is $0.66 and its two-hundred day moving average price is $0.86. Mobico Group has a 52-week low of $0.61 and a 52-week high of $0.66.

Mobico Group Plc engages in providing public transport services in the United Kingdom, Germany, Spain, Morocco, Switzerland, the United States, Canada, France, and Portugal. The company operates through UK, German Rail, ALSA, and North America segments. It owns and leases vehicles. The company also provides student transportation, urban bus, regional/long haul coach, rail, and charter and other services; transit and scheduled coach services; and private hire and commuter coach travel services.

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