Short Interest in Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Drops By 31.5%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 54,300 shares, a drop of 31.5% from the November 15th total of 79,300 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 77.6 days.

Spirax-Sarco Engineering Price Performance

OTCMKTS:SPXSF remained flat at $93.00 during trading hours on Friday. The stock has a 50 day moving average of $88.75 and a two-hundred day moving average of $98.78. 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 has a one year low of $84.46 and a one year high of $138.80.

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.