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

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

Spirax-Sarco Engineering Stock Down 0.8 %

SPXSF opened at $86.35 on Monday. The firm has a 50 day simple moving average of $87.35 and a 200 day simple moving average of $96.53. Spirax-Sarco Engineering has a fifty-two week low of $84.46 and a fifty-two week high of $138.80. 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 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.