Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Short Interest Update

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 79,300 shares, an increase of 145.5% from the October 31st total of 32,300 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 132.2 days.

Spirax-Sarco Engineering Stock Performance

Shares of Spirax-Sarco Engineering stock remained flat at $84.46 on Friday. 1,727 shares of the stock traded hands, compared to its average volume of 370. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.61 and a current ratio of 2.25. The company’s 50-day simple moving average is $90.56 and its 200-day simple moving average is $100.76. Spirax-Sarco Engineering has a 12-month low of $84.46 and a 12-month high of $138.80.

About Spirax-Sarco Engineering

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.