Spirax Group PLC (OTCMKTS:SPXSY) Sees Large Increase in Short Interest

Spirax Group PLC (OTCMKTS:SPXSYGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 5,966 shares, a growth of 210.7% from the August 15th total of 1,920 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,164 shares, the short-interest ratio is currently 0.8 days.

Spirax Group Price Performance

Shares of Spirax Group stock opened at $47.20 on Friday. The stock has a 50 day moving average of $47.50 and a 200 day moving average of $47.63. Spirax Group has a 12 month low of $42.56 and a 12 month high of $54.08. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.85 and a quick ratio of 1.41.

About Spirax Group

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Spirax Group is a United Kingdom-based industrial engineering company that provides thermal energy and fluid technology solutions to industrial and commercial customers. The group helps organizations manage steam, heat, and other industrial processes with equipment and services designed to improve efficiency, reliability, safety, and sustainability.

Its Steam Thermal Solutions business operates through brands including Spirax Sarco and Gestra, offering steam system products such as control valves, heat exchangers, pumps, boilers, condensate recovery equipment, and process controls.

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