Short Interest in Mobico Group Plc (OTCMKTS:NXPGF) Drops By 29.4%

Mobico Group Plc (OTCMKTS:NXPGF) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 59,500 shares, a drop of 29.4% from the March 15th total of 84,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Mobico Group Price Performance

Shares of NXPGF stock remained flat at $1.08 during trading on Friday. The company’s 50 day simple moving average is $1.08 and its 200 day simple moving average is $0.95. Mobico Group has a one year low of $0.69 and a one year high of $1.45.

About Mobico Group

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.