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

The Weir Group PLC (OTCMKTS:WEIGF) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 56,500 shares, a drop of 17.6% from the October 31st total of 68,600 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 70.6 days.

The Weir Group Stock Performance

Shares of The Weir Group stock opened at $27.05 on Friday. The stock has a 50-day simple moving average of $28.35 and a 200-day simple moving average of $26.53. The Weir Group has a 52-week low of $22.01 and a 52-week high of $29.66.

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.