Monadelphous Group Limited (OTCMKTS:MOPHY) Short Interest Up 500.0% in January

Monadelphous Group Limited (OTCMKTS:MOPHY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 12 shares, a growth of 500.0% from the December 31st total of 2 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is presently 6.0 days. Based on an average trading volume of 2 shares, the days-to-cover ratio is presently 6.0 days.

Monadelphous Group Stock Performance

OTCMKTS MOPHY opened at C$9.19 on Wednesday. The company’s fifty day moving average is C$9.21 and its two-hundred day moving average is C$9.30. Monadelphous Group has a 52-week low of C$9.00 and a 52-week high of C$9.45.

Monadelphous Group Company Profile

Monadelphous Group is an Australian-based engineering and construction firm specializing in maintenance, fabrication and industrial services for the resources, energy and infrastructure sectors. Founded in 1972 in Perth, the company has built a reputation for delivering heavy-engineering solutions, including structural steelwork, piping fabrication and on-site commissioning. Its core capabilities encompass mechanical maintenance, shutdown services and project delivery for upstream oil and gas facilities, mining operations and power generation plants.

The company’s service offering extends from front-end engineering design through to detailed fabrication, installation and long-term asset support.