The Weir Group PLC (OTCMKTS:WEGRY) Short Interest Update

The Weir Group PLC (OTCMKTS:WEGRY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 600 shares, an increase of 200.0% from the November 30th total of 200 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is presently 0.1 days.

The Weir Group Price Performance

OTCMKTS:WEGRY opened at $13.73 on Friday. The firm has a fifty day simple moving average of $13.90 and a 200 day simple moving average of $13.45. The Weir Group has a 1-year low of $11.06 and a 1-year high of $14.81.

The Weir Group Company Profile

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.