John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Down 20.3% in January

John Wood Group PLC (OTCMKTS:WDGJF) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 158,000 shares, a drop of 20.3% from the December 31st total of 198,200 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is currently 46.5 days.

John Wood Group Stock Up 8.7 %

Shares of OTCMKTS:WDGJF opened at $0.93 on Friday. The business’s 50 day moving average is $0.81 and its 200 day moving average is $1.40. John Wood Group has a 12-month low of $0.61 and a 12-month high of $2.69.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. began coverage on shares of John Wood Group in a research report on Thursday, October 17th. They issued an “overweight” rating on the stock.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.