The Weir Group PLC (OTCMKTS:WEIGF) Short Interest Down 15.7% in March

The Weir Group PLC (OTCMKTS:WEIGF) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 74,200 shares, a decrease of 15.7% from the March 15th total of 88,000 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 24.7 days.

The Weir Group Stock Performance

WEIGF opened at $29.67 on Monday. The Weir Group has a 12 month low of $24.37 and a 12 month high of $31.00. The business has a 50-day moving average of $29.31 and a two-hundred day moving average of $28.48.

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.