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

The Weir Group PLC (OTCMKTS:WEIGF) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 98,000 shares, an increase of 36.5% from the August 15th total of 71,800 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 89.1 days.

The Weir Group Stock Up 7.4 %

OTCMKTS WEIGF opened at $27.30 on Monday. The company has a fifty day simple moving average of $25.02 and a 200 day simple moving average of $25.18. The Weir Group has a 1 year low of $20.24 and a 1 year high of $27.30.

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.