John Wood Group PLC (OTCMKTS:WDGJF) Sees Large Increase in Short Interest

John Wood Group PLC (OTCMKTS:WDGJF) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 2,176,600 shares, an increase of 73.6% from the February 29th total of 1,253,900 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 3,627.7 days.

John Wood Group Stock Performance

Shares of OTCMKTS:WDGJF opened at $1.87 on Thursday. The company’s fifty day moving average is $2.00 and its 200 day moving average is $1.95. John Wood Group has a 52 week low of $1.62 and a 52 week high of $2.88.

John Wood Group Company Profile

John Wood Group PLC, together with its subsidiaries, provides 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.