Spirax Group PLC (OTCMKTS:SPXSY) Short Interest Up 210.7% in August

Spirax Group PLC (OTCMKTS:SPXSY) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 5,966 shares, an increase of 210.7% from the August 15th total of 1,920 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 7,164 shares, the days-to-cover ratio is presently 0.8 days.

Spirax Group Stock Up 1.1%

Shares of SPXSY traded up $0.51 during mid-day trading on Friday, hitting $47.20. 6,769 shares of the company traded hands, compared to its average volume of 7,624. The company has a quick ratio of 1.41, a current ratio of 1.85 and a debt-to-equity ratio of 0.57. The stock has a 50-day moving average price of $47.50 and a two-hundred day moving average price of $47.63. Spirax Group has a 1 year low of $42.56 and a 1 year high of $54.08.

About Spirax Group

Spirax Group is a United Kingdom-based industrial engineering company that provides thermal energy and fluid technology solutions to industrial and commercial customers. The group helps organizations manage steam, heat, and other industrial processes with equipment and services designed to improve efficiency, reliability, safety, and sustainability.

Its Steam Thermal Solutions business operates through brands including Spirax Sarco and Gestra, offering steam system products such as control valves, heat exchangers, pumps, boilers, condensate recovery equipment, and process controls.