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

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 62,700 shares, an increase of 21.3% from the February 13th total of 51,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 627.0 days. Currently, 0.1% of the company’s shares are short sold.

Spirax-Sarco Engineering Price Performance

Shares of Spirax-Sarco Engineering stock remained flat at $88.75 during trading on Tuesday. The stock’s 50-day moving average is $91.27 and its 200-day moving average is $90.98. 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 has a 12-month low of $80.31 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.