John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Update

John Wood Group PLC (OTCMKTS:WDGJF) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 198,200 shares, a growth of 283.4% from the December 31st total of 51,700 shares. Based on an average trading volume of 2,800 shares, the days-to-cover ratio is presently 70.8 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. began coverage on shares of John Wood Group in a report on Thursday, October 17th. They set an “overweight” rating for the company.

John Wood Group Price Performance

Shares of John Wood Group stock traded down $0.04 during trading hours on Tuesday, reaching $0.81. The company had a trading volume of 200 shares, compared to its average volume of 3,000. The business has a fifty day simple moving average of $0.79 and a 200 day simple moving average of $1.44. John Wood Group has a one year low of $0.61 and a one year high of $2.69.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.