Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Short Interest Down 47.9% in May

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 46,000 shares, a drop of 47.9% from the May 15th total of 88,300 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 200 shares, the short-interest ratio is currently 230.0 days.

Spirax-Sarco Engineering Stock Performance

OTCMKTS:SPXSF opened at $77.23 on Monday. Spirax-Sarco Engineering has a one year low of $69.19 and a one year high of $112.15. The company has a current ratio of 2.25, a quick ratio of 1.61 and a debt-to-equity ratio of 0.76. The business’s 50-day simple moving average is $77.13 and its 200 day simple moving average is $84.83.

Spirax-Sarco Engineering Company Profile

Spirax Group PLC provides thermal energy and fluid technology solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications.