Short Interest in Webco Industries Inc. (OTCMKTS:WEBC) Grows By ∞

Webco Industries Inc. (OTCMKTS:WEBC) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 1 shares, a growth of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 21 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Webco Industries Price Performance

Webco Industries stock opened at $300.00 on Tuesday. The stock’s 50 day moving average is $312.01 and its 200 day moving average is $279.03. The firm has a market cap of $204 million, a P/E ratio of 10.57 and a beta of -0.04. Webco Industries has a one year low of $186.00 and a one year high of $332.00.

Webco Industries (OTCMKTS:WEBC) last announced its earnings results on Tuesday, May 26th. The industrial products company reported $11.61 EPS for the quarter. The company had revenue of $179.60 million during the quarter.

Webco Industries Company Profile

Webco Industries, Inc is a U.S.-based manufacturer specializing in precision-engineered carbon and alloy steel tubular products. The company produces seamless tubing in a range of sizes and grades for demanding applications, including energy exploration, hydraulic and pneumatic cylinders, off-highway equipment and general industrial uses. Webco’s capabilities encompass tubing up to six inches in outer diameter, with wall thicknesses tailored to high-pressure environments.

Beyond standard tubing, Webco offers an array of value-added services such as cutting, end finishing, threading, end polishing and customized packaging to meet customer specifications.