Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 12 shares, an increase of 500.0% from the December 31st total of 2 shares. Based on an average daily volume of 2 shares, the short-interest ratio is currently 6.0 days. Based on an average daily volume of 2 shares, the short-interest ratio is currently 6.0 days.
Monadelphous Group Stock Performance
Shares of Monadelphous Group stock opened at C$9.19 on Friday. The stock’s 50-day moving average is C$9.21 and its 200-day moving average is C$9.30. Monadelphous Group has a one year low of C$9.00 and a one year high of C$9.45.
About Monadelphous Group
Monadelphous Group is an Australian-based engineering and construction firm specializing in maintenance, fabrication and industrial services for the resources, energy and infrastructure sectors. Founded in 1972 in Perth, the company has built a reputation for delivering heavy-engineering solutions, including structural steelwork, piping fabrication and on-site commissioning. Its core capabilities encompass mechanical maintenance, shutdown services and project delivery for upstream oil and gas facilities, mining operations and power generation plants.
The company’s service offering extends from front-end engineering design through to detailed fabrication, installation and long-term asset support.
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