John Wood Group PLC (OTCMKTS:WDGJF) Sees Significant Drop in Short Interest

John Wood Group PLC (OTCMKTS:WDGJF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 206,300 shares, a decline of 37.7% from the February 28th total of 331,000 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is presently 29.5 days.

John Wood Group Price Performance

Shares of John Wood Group stock opened at $0.50 on Friday. The company has a 50 day moving average of $0.63 and a 200-day moving average of $0.99. John Wood Group has a 1-year low of $0.31 and a 1-year high of $2.69.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.