Short Interest in Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Drops By 16.8%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 28,800 shares, a decrease of 16.8% from the December 15th total of 34,600 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 57.6 days.

Spirax-Sarco Engineering Price Performance

Shares of SPXSF traded up $4.05 on Thursday, hitting $84.36. The company’s stock had a trading volume of 12 shares, compared to its average volume of 156. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76. Spirax-Sarco Engineering has a fifty-two week low of $80.31 and a fifty-two week high of $138.80. The company has a 50 day moving average price of $85.91 and a 200 day moving average price of $94.30.

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.