Short Interest in Weir Group (OTCMKTS:WEGRY) Declines By 79.0%

Weir Group (OTCMKTS:WEGRY) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,096 shares, a decrease of 79.0% from the May 31st total of 9,996 shares. Based on an average daily volume of 106,853 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of research analysts have commented on the company. Kepler Capital Markets upgraded Weir Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 17th. Zacks Research upgraded Weir Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Weir Group Price Performance

OTCMKTS:WEGRY opened at $15.86 on Monday. The firm has a 50-day moving average of $17.48 and a two-hundred day moving average of $19.81. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.05 and a quick ratio of 1.30. Weir Group has a 1-year low of $15.38 and a 1-year high of $24.85.

Weir Group Company Profile

Weir Group PLC is a Glasgow‐based engineering firm specializing in the design, manufacture and aftermarket servicing of equipment for the minerals, oil & gas and power industries. Founded in 1871, the company has built a reputation for delivering robust solutions that improve safety, efficiency and sustainability across challenging industrial environments. Its core focus lies in high‐performance equipment that supports critical processes such as ore extraction, fluid handling and pressure management.

The company’s Minerals division supplies a comprehensive range of products including slurry pumps, hydrocyclones, crushers and grinding mills, which are widely used in mining and quarrying operations.