Spirax Group PLC (OTCMKTS:SPXSY) Short Interest Up 1,472.1% in June

Spirax Group PLC (OTCMKTS:SPXSY) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 24,368 shares, a growth of 1,472.1% from the May 31st total of 1,550 shares. Based on an average daily volume of 23,865 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company’s shares are short sold.

Spirax Group Stock Down 1.7%

Shares of SPXSY stock traded down $0.80 on Friday, hitting $45.44. 4,576 shares of the company’s stock traded hands, compared to its average volume of 9,168. The company’s fifty day simple moving average is $47.66 and its 200 day simple moving average is $48.00. Spirax Group has a one year low of $40.06 and a one year high of $54.08. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.85 and a quick ratio of 1.41.

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.