The Weir Group PLC (OTCMKTS:WEGRY – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 900 shares, an increase of 125.0% from the March 31st total of 400 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is presently 0.2 days.
The Weir Group Stock Up 2.4 %
WEGRY opened at $12.68 on Friday. The Weir Group has a 1-year low of $9.90 and a 1-year high of $13.37. The company has a fifty day moving average price of $12.42 and a two-hundred day moving average price of $11.72.
The Weir Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Friday, April 19th will be issued a dividend of $0.1113 per share. This is a boost from The Weir Group’s previous dividend of $0.09. The ex-dividend date of this dividend is Thursday, April 18th.
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.
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