Mobico Group PLC (OTCMKTS:NXPGF) Sees Significant Decrease in Short Interest
by Jessica Moore · The Cerbat GemMobico Group PLC (OTCMKTS:NXPGF – Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 2,534,816 shares, a decrease of 23.6% from the March 15th total of 3,319,842 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Mobico Group Price Performance
Mobico Group stock opened at $0.31 on Wednesday. Mobico Group has a 52 week low of $0.28 and a 52 week high of $0.48. The company’s 50-day moving average price is $0.31 and its two-hundred day moving average price is $0.33.
About Mobico Group
Mobico Group (OTCMKTS:NXPGF), formerly known as National Express Group PLC, is an international public transport operator providing bus, coach, rail and tram services. The company’s core business centers on scheduled intercity coach travel, regional and urban bus operations, franchise rail contracts and specialist mobility services such as paratransit, airport transfers and sightseeing tours. It operates under a range of local brands, adapting its offerings to meet the needs of diverse passenger markets.
The company’s origins date back to the reorganization of state-owned coach services in the United Kingdom during the early 1970s.