The Weir Group PLC (OTCMKTS:WEGRY) Short Interest Up 1,300.0% in November

The Weir Group PLC (OTCMKTS:WEGRY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, an increase of 1,300.0% from the October 31st total of 100 shares. Based on an average daily volume of 6,900 shares, the short-interest ratio is presently 0.2 days.

The Weir Group Price Performance

Shares of WEGRY opened at $13.61 on Friday. The stock’s 50-day moving average price is $13.92 and its two-hundred day moving average price is $13.38. The Weir Group has a 12 month low of $11.06 and a 12 month high of $14.81.

The Weir Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, October 4th were given a dividend of $0.095 per share. The ex-dividend date was Friday, October 4th.

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.