WSP Global Inc. (OTCMKTS:WSPOF) Sees Significant Increase in Short Interest

WSP Global Inc. (OTCMKTS:WSPOF) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 599,200 shares, a growth of 20.5% from the February 13th total of 497,400 shares. Based on an average daily trading volume, of 30,100 shares, the days-to-cover ratio is currently 19.9 days.

Wall Street Analysts Forecast Growth

Separately, CIBC reiterated an “outperform” rating on shares of WSP Global in a report on Monday, February 3rd.

WSP Global Stock Performance

WSP Global stock opened at $173.05 on Thursday. The business has a 50-day simple moving average of $174.22 and a two-hundred day simple moving average of $174.95. WSP Global has a 52-week low of $148.06 and a 52-week high of $194.26.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.