Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Short Interest Down 13.9% in March

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 54,000 shares, a decrease of 13.9% from the February 28th total of 62,700 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 90.0 days. Currently, 0.1% of the company’s stock are sold short.

Spirax-Sarco Engineering Price Performance

SPXSF opened at $80.50 on Friday. Spirax-Sarco Engineering has a twelve month low of $80.31 and a twelve month high of $121.23. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $92.18 and a 200 day simple moving average of $89.99.

About Spirax-Sarco Engineering

Spirax Group PLC provides thermal energy and fluid technology solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications.