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

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 28,800 shares, a decline of 16.8% from the December 15th total of 34,600 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 57.6 days.

Spirax-Sarco Engineering Stock Performance

OTCMKTS SPXSF opened at $84.36 on Friday. Spirax-Sarco Engineering has a 12 month low of $80.31 and a 12 month high of $138.80. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76. The company has a 50-day moving average of $85.82 and a 200-day moving average of $94.07.

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.