Could WEIR GROUP PLC ORDINARY SHARES (OTCMKTS:WEIGF) See a Reversal After More Sellers Came In?

June 15, 2018 - By Michael Collier

The Weir Group PLC (OTCMKTS:WEIGF) Logo

The stock of WEIR GROUP PLC ORDINARY SHARES (OTCMKTS:WEIGF) registered an increase of 51.63% in short interest. WEIGF’s total short interest was 181,500 shares in June as published by FINRA. Its up 51.63% from 119,700 shares, reported previously. With 300 shares average volume, it will take short sellers 605 days to cover their WEIGF’s short positions. The short interest to WEIR GROUP PLC ORDINARY SHARES’s float is 0.08%.

It closed at $30.5 lastly. It is down 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

The Weir Group PLC designs, manufactures, and sells highly-engineered services and products worldwide. The company has market cap of $6.83 billion. The firm operates in three divisions: Minerals, Oil & Gas, and Flow Control. It has a 29.61 P/E ratio. The Minerals segment engineers pumps, valves, cyclones, crushers, high pressure grinding rolls, rubber, and other solutions; and provides slurry handling equipment and associated aftermarket support services for mining, sand and aggregates, and oil sands markets.

Another recent and important The Weir Group PLC (OTCMKTS:WEIGF) news was published by Equitiesfocus.com which published an article titled: “Weir Group (WEIGF) Receives Consensus Rating of “Buy” from Analysts” on June 09, 2018.

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