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

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF - Get Free Report) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 79,300 shares, an increase of 145.5% from the October 31st total of 32,300 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 132.2 days.

Spirax-Sarco Engineering Price Performance

OTCMKTS SPXSF remained flat at $84.46 during trading hours on Friday. The firm's 50 day moving average price is $90.31 and its two-hundred day moving average price is $100.41. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76. Spirax-Sarco Engineering has a 52-week low of $84.46 and a 52-week 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.