John Wood Group PLC (OTCMKTS:WDGJF – Get 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 %
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.
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