John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Down 94.8% in February

John Wood Group PLC (OTCMKTS:WDGJF) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 59,099 shares, a drop of 94.8% from the January 29th total of 1,143,004 shares. Based on an average trading volume of 1,677 shares, the short-interest ratio is currently 35.2 days. Based on an average trading volume of 1,677 shares, the short-interest ratio is currently 35.2 days.

John Wood Group Price Performance

OTCMKTS:WDGJF opened at $0.35 on Friday. The firm’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.35. John Wood Group has a fifty-two week low of $0.08 and a fifty-two week high of $0.60.

John Wood Group Company Profile

John Wood Group plc (OTCMKTS: WDGJF) is a global engineering and professional services company serving energy, industrial and infrastructure markets. The firm provides a comprehensive suite of services—ranging from conceptual design, engineering, procurement and construction, to project management and operations & maintenance—for clients in oil and gas, petrochemicals, mining, clean energy and power generation. Wood Group’s technical expertise supports projects at every stage of the asset lifecycle.

Founded in 1982 and headquartered in Aberdeen, Scotland, Wood Group has developed its operations through steady organic growth and strategic acquisitions, including the 2017 acquisition of Amec Foster Wheeler.