John Wood Group PLC (OTCMKTS:WDGJF) Sees Significant Decline in Short Interest

John Wood Group PLC (OTCMKTS:WDGJF) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 80,700 shares, a decrease of 81.4% from the November 15th total of 433,300 shares. Based on an average daily volume of 14,800 shares, the short-interest ratio is presently 5.5 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. assumed coverage on shares of John Wood Group in a research note on Thursday, October 17th. They set an “overweight” rating for the company.

John Wood Group Stock Up 7.2 %

Shares of OTCMKTS:WDGJF opened at $0.89 on Friday. The business has a 50-day moving average of $1.21 and a two-hundred day moving average of $1.82. John Wood Group has a fifty-two week low of $0.61 and a fifty-two week high of $2.74.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.