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

Spirax Group PLC (OTCMKTS:SPXSY) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 9,018 shares, an increase of 144.2% from the July 15th total of 3,693 shares. Based on an average trading volume of 15,624 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Spirax Group Trading Down 1.9%

Shares of SPXSY stock opened at $47.91 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.41 and a debt-to-equity ratio of 0.57. Spirax Group has a 1 year low of $42.56 and a 1 year high of $54.08. The stock has a fifty day moving average of $46.70 and a two-hundred day moving average of $48.11.

About Spirax Group

Spirax Group is a UK-based engineering company specializing in steam and thermal energy solutions. Founded in 1888 and headquartered in Cheltenham, England, the group combines product design, system integration and aftermarket services to help industrial customers improve efficiency, safety and environmental performance.

The company’s core offerings include steam traps, control valves, heat exchangers, pumps, burners and packaged boiler house solutions. In addition to equipment supply, Spirax Group provides commissioning, maintenance, troubleshooting and training services that support continuous operation and energy management across complex steam and thermal systems.

Spirax Group operates through two principal business segments: Steam Specialties, which focuses on pressure and temperature control, and Electrical & Mechanical, which provides pumps, heat exchangers and associated services.