Short Interest in Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Grows By 19.1%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 34,300 shares, a growth of 19.1% from the December 31st total of 28,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 343.0 days.

Spirax-Sarco Engineering Price Performance

Spirax-Sarco Engineering stock opened at $99.10 on Monday. The stock’s 50 day moving average is $86.43 and its 200 day moving average is $92.64. Spirax-Sarco Engineering has a one year low of $80.31 and a one year high of $138.80. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76.

About Spirax-Sarco Engineering

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.