Could WOOD GROUP JOHN PLC ORDINARY SHARES (OTCMKTS:WDGJF) Go Up After Its Newest Short Interest Report?

June 15, 2018 - By Ellis Scott

John Wood Group PLC (OTCMKTS:WDGJF) Logo

The stock of WOOD GROUP JOHN PLC ORDINARY SHARES (OTCMKTS:WDGJF) registered an increase of 11.8% in short interest. WDGJF’s total short interest was 2.44M shares in June as published by FINRA. Its up 11.8% from 2.18M shares, reported previously. With 200 shares average volume, it will take short sellers 12208 days to cover their WDGJF’s short positions. The short interest to WOOD GROUP JOHN PLC ORDINARY SHARES’s float is 0.67%.

It closed at $8.475 lastly. It is down 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

John Wood Group PLC, together with its subsidiaries, provides engineering, procurement, construction, and maintenance services to the gas and oil, and power generation industries in the United Kingdom, the United States, and internationally. The company has market cap of $5.68 billion. The firm operates through three divisions: Asset Life Cycle Solutions West, Asset Life Cycle Solutions East, and Specialist Technical Solutions. It currently has negative earnings. It offers project and modification services, such as engineering, project management, repair orders, construction, commissioning, and fabrication services; activities and maintenance services; and industrial services, including access and containment, rope access, insulation, painting and protective coatings, positive pressure habitats, heat treatment, composite wrap, industrial cleaning, asbestos remediation, building construction and civil engineering, passive fire protection, and mechanical and piping support services, as well as electrical, control, and instrumentation services.

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