Webco Industries Inc. (OTCMKTS:WEBC) Short Interest Update

Webco Industries Inc. (OTCMKTS:WEBC) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1 shares, a drop of 50.0% from the April 15th total of 2 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 49 shares, the days-to-cover ratio is currently 0.0 days.

Webco Industries Stock Performance

OTCMKTS WEBC opened at $255.00 on Friday. Webco Industries has a 12 month low of $175.96 and a 12 month high of $266.00. The stock has a market cap of $175.95 million, a PE ratio of 10.71 and a beta of -0.12. The stock’s 50 day moving average is $256.44 and its 200 day moving average is $238.23.

Webco Industries (OTCMKTS:WEBC) last announced its quarterly earnings data on Tuesday, March 3rd. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. The company had revenue of $141.88 million for the quarter.

About Webco Industries

Webco Industries, Inc is a U.S.-based manufacturer specializing in precision-engineered carbon and alloy steel tubular products. The company produces seamless tubing in a range of sizes and grades for demanding applications, including energy exploration, hydraulic and pneumatic cylinders, off-highway equipment and general industrial uses. Webco’s capabilities encompass tubing up to six inches in outer diameter, with wall thicknesses tailored to high-pressure environments.

Beyond standard tubing, Webco offers an array of value-added services such as cutting, end finishing, threading, end polishing and customized packaging to meet customer specifications.