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

The Weir Group PLC (OTCMKTS:WEIGF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 82,000 shares, an increase of 49.1% from the January 31st total of 55,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 820.0 days.

The Weir Group Stock Performance

OTCMKTS:WEIGF opened at $28.97 on Tuesday. The firm’s fifty day simple moving average is $28.46 and its 200 day simple moving average is $27.79. The Weir Group has a twelve month low of $23.62 and a twelve month high of $29.66.

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.