Mitchells & Butlers plc (OTCMKTS:MBPFF) Sees Large Increase in Short Interest

Mitchells & Butlers plc (OTCMKTS:MBPFFGet Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 163,800 shares, a growth of 52.4% from the October 15th total of 107,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. increased their price objective on Mitchells & Butlers from GBX 213 ($2.62) to GBX 217 ($2.66) in a report on Friday, September 29th.

Read Our Latest Stock Report on Mitchells & Butlers

Mitchells & Butlers Price Performance

MBPFF stock remained flat at $2.71 during trading on Tuesday. Mitchells & Butlers has a 52 week low of $2.20 and a 52 week high of $2.72. The company has a quick ratio of 0.41, a current ratio of 0.45 and a debt-to-equity ratio of 0.76. The stock’s 50 day moving average is $2.60 and its 200 day moving average is $2.54.

About Mitchells & Butlers

(Get Free Report)

Mitchells & Butlers plc manages pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, Ember Inns, Harvester, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.

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