Short Interest in Spirax-Sarco Engineering plc (OTCMKTS:SPXSY) Increases By 75.0%

Spirax-Sarco Engineering 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 totalling 700 shares, an increase of 75.0% from the August 15th total of 400 shares. Based on an average trading volume of 13,900 shares, the short-interest ratio is presently 0.1 days.

Spirax-Sarco Engineering Stock Performance

Spirax-Sarco Engineering stock remained flat at $50.07 during mid-day trading on Friday. The company’s stock had a trading volume of 10 shares, compared to its average volume of 3,557. The stock has a fifty day moving average price of $52.46 and a 200-day moving average price of $57.49. Spirax-Sarco Engineering has a 52 week low of $47.92 and a 52 week high of $69.37.

Spirax-Sarco Engineering Company Profile

Spirax-Sarco Engineering plc provides engineered solutions it operates through three segments: Steam Thermal Solutions; Electric Thermal Solutions; and Watson-Marlow 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, and specialty filling systems and products for single-use applications.