John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Up 183.4% in January

John Wood Group PLC (OTCMKTS:WDGJF) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 447,800 shares, a growth of 183.4% from the January 15th total of 158,000 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 135.7 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. started coverage on shares of John Wood Group in a research report on Thursday, October 17th. They set an “overweight” rating on the stock.

John Wood Group Price Performance

WDGJF opened at $0.86 on Thursday. The firm has a 50 day simple moving average of $0.83 and a 200 day simple moving average of $1.29. John Wood Group has a fifty-two week low of $0.61 and a fifty-two week high of $2.69.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.