John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Up 283.4% in January

John Wood Group PLC (OTCMKTS:WDGJFGet Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 198,200 shares, an increase of 283.4% from the December 31st total of 51,700 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 70.8 days.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. started coverage on John Wood Group in a research report on Thursday, October 17th. They set an “overweight” rating on the stock.

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John Wood Group Stock Up 7.1 %

Shares of John Wood Group stock traded up $0.06 on Wednesday, hitting $0.87. The company had a trading volume of 300 shares, compared to its average volume of 2,755. John Wood Group has a twelve month low of $0.61 and a twelve month high of $2.69. The stock has a 50-day moving average of $0.80 and a 200-day moving average of $1.42.

John Wood Group Company Profile

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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.

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