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

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

John Wood Group Price Performance

OTCMKTS:WDGJF remained flat at $0.35 during trading hours on Wednesday. 4,999 shares of the company’s stock traded hands, compared to its average volume of 2,579. John Wood Group has a twelve month low of $0.08 and a twelve month high of $0.60. The firm has a 50-day moving average of $0.35 and a 200 day moving average of $0.35.

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.