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

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 34,600 shares, a decline of 36.3% from the November 30th total of 54,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 346.0 days.

Spirax-Sarco Engineering Stock Performance

OTCMKTS SPXSF traded down $0.66 during trading on Friday, reaching $86.35. The company’s stock had a trading volume of 300 shares, compared to its average volume of 343. Spirax-Sarco Engineering has a 12 month low of $84.46 and a 12 month high of $138.80. The firm has a 50 day moving average price of $87.35 and a 200 day moving average price of $96.74. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.61 and a current ratio of 2.25.

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.