Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Sees Large Growth in Short Interest

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 62,700 shares, an increase of 21.3% from the February 13th total of 51,700 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 100 shares, the short-interest ratio is currently 627.0 days.

Spirax-Sarco Engineering Stock Performance

SPXSF stock remained flat at $88.75 during mid-day trading on Tuesday. The business has a fifty day simple moving average of $91.27 and a 200-day simple moving average of $90.98. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.25 and a quick ratio of 1.61. Spirax-Sarco Engineering has a 52-week low of $80.31 and a 52-week high of $138.80.

Spirax-Sarco Engineering Company Profile

Spirax Group PLC provides thermal energy and fluid technology solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, specialty filling systems, and products for single-use applications.