Spirax Group PLC (OTCMKTS:SPXSY – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 18,784 shares, a growth of 198.5% from the October 15th total of 6,293 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 11,979 shares, the short-interest ratio is presently 1.6 days.
Spirax Group Trading Up 2.0%
Shares of Spirax Group stock traded up $0.99 during trading hours on Friday, reaching $50.99. The company’s stock had a trading volume of 3,574 shares, compared to its average volume of 7,464. The company’s 50 day simple moving average is $48.96 and its 200 day simple moving average is $48.31. Spirax Group has a one year low of $42.56 and a one year high of $54.08.
About Spirax Group
Spirax Group is a UK-based engineering company that helps industrial customers manage steam, heat and fluid processes. Its businesses develop equipment and services used to improve process reliability, energy efficiency and operational performance across a range of industries. The group’s principal offerings include steam system products and services through Spirax Sarco, electric process heating solutions through Chromalox, and peristaltic pumps and fluid-path technologies through Watson-Marlow.
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