Short Interest in Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) Grows By 24.5%

Spirax-Sarco Engineering plc (OTCMKTS:SPXSF) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 42,700 shares, an increase of 24.5% from the January 15th total of 34,300 shares. Based on an average trading volume of 800 shares, the short-interest ratio is currently 53.4 days.

Spirax-Sarco Engineering Price Performance

Shares of OTCMKTS:SPXSF opened at $97.00 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.25 and a debt-to-equity ratio of 0.76. The company has a 50-day moving average price of $89.06 and a 200-day moving average price of $91.96. Spirax-Sarco Engineering has a 12 month low of $80.31 and a 12 month high of $138.80.

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.