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

The Weir Group PLC (OTCMKTS:WEIGF – Get Rating) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 238,300 shares, an increase of 60.9% from the March 15th total of 148,100 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 54.2 days.

Shares of WEIGF opened at $20.03 on Friday. The Weir Group has a twelve month low of $20.03 and a twelve month high of $27.50. The company’s fifty day simple moving average is $22.88 and its 200-day simple moving average is $22.98.

About The Weir Group (Get Rating)

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers slurry handling equipment and associated aftermarket support services for abrasive high-wear applications used in the mining and oil sands markets.

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