Short Interest in The Weir Group PLC (OTCMKTS:WEGRY) Grows By 200.0%

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

The Weir Group Stock Performance

The Weir Group stock opened at $13.74 on Friday. The Weir Group has a 12 month low of $11.06 and a 12 month high of $14.81. The stock’s 50 day simple moving average is $13.89 and its two-hundred day simple moving average is $13.46.

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.