WSP Global Inc. (OTCMKTS:WSPOF) Short Interest Up 166.1% in September

WSP Global Inc. (OTCMKTS:WSPOF) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,069,300 shares, a growth of 166.1% from the September 15th total of 401,900 shares. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is currently 17.1 days. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is currently 17.1 days.

Analysts Set New Price Targets

WSPOF has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of WSP Global in a research report on Friday, August 8th. CIBC reissued an “outperform” rating on shares of WSP Global in a research report on Monday. Finally, Scotiabank reissued an “outperform” rating on shares of WSP Global in a research report on Friday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

WSP Global Price Performance

OTCMKTS:WSPOF opened at $200.33 on Tuesday. The firm has a 50-day moving average price of $201.82 and a 200 day moving average price of $197.11. WSP Global has a 12-month low of $153.14 and a 12-month high of $224.00.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.