WSP Global Inc. (OTCMKTS:WSPOF) Sees Significant Growth in Short Interest

WSP Global Inc. (OTCMKTS:WSPOF) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 599,200 shares, an increase of 20.5% from the February 13th total of 497,400 shares. Based on an average daily volume of 30,100 shares, the days-to-cover ratio is presently 19.9 days.

Wall Street Analyst Weigh In

Separately, CIBC reissued an “outperform” rating on shares of WSP Global in a research report on Monday, February 3rd.

WSP Global Stock Performance

Shares of OTCMKTS:WSPOF opened at $175.40 on Tuesday. The company’s fifty day moving average is $174.23 and its 200-day moving average is $174.92. WSP Global has a 52 week low of $148.06 and a 52 week high of $194.26.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.