Short Interest in WSP Global Inc. (OTCMKTS:WSPOF) Grows By 56.0%

WSP Global Inc. (OTCMKTS:WSPOF) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 887,300 shares, a growth of 56.0% from the March 15th total of 568,800 shares. Based on an average daily volume of 9,500 shares, the short-interest ratio is presently 93.4 days.

WSP Global Stock Performance

OTCMKTS:WSPOF traded up $0.06 during trading hours on Thursday, reaching $178.52. 34,814 shares of the company were exchanged, compared to its average volume of 27,390. WSP Global has a 52-week low of $148.06 and a 52-week high of $194.26. The stock has a 50 day simple moving average of $172.55 and a 200 day simple moving average of $174.77.

Wall Street Analysts Forecast Growth

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

WSP Global Company Profile

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.