Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Sees Significant Decrease in Short Interest

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the target of a large decline in short interest in July. As of July 15th, there was short interest totalling 75,900 shares, a decline of 33.1% from the June 30th total of 113,400 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 253.0 days.

Spirax-Sarco Engineering Price Performance

Shares of OTCMKTS:SPXSF remained flat at $106.56 during trading on Monday. The stock had a trading volume of 235 shares, compared to its average volume of 332. Spirax-Sarco Engineering has a fifty-two week low of $100.85 and a fifty-two week high of $138.80. The firm has a 50 day simple moving average of $110.30 and a 200-day simple moving average of $121.01.

About Spirax-Sarco Engineering

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. 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 pumps, tubing, and specialty filling systems and products for single-use applications.