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

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

Spirax-Sarco Engineering Trading Up 5.0 %

Shares of SPXSF opened at $84.36 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.25 and a quick ratio of 1.61. The firm has a fifty day moving average of $85.87 and a 200-day moving average of $94.23. Spirax-Sarco Engineering has a 1 year low of $80.31 and a 1 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.