Costain Group PLC (OTCMKTS:CSGQF) Sees Large Growth in Short Interest

Costain Group PLC (OTCMKTS:CSGQF) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 961 shares, an increase of 422.3% from the September 15th total of 184 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Costain Group Stock Performance

Shares of OTCMKTS CSGQF opened at $1.36 on Friday. Costain Group has a fifty-two week low of $1.10 and a fifty-two week high of $1.38. The business has a 50 day moving average price of $1.37 and a two-hundred day moving average price of $1.37.

Costain Group Company Profile

Costain Group plc is a United Kingdom-based infrastructure solutions company that supports the development, improvement and operation of essential infrastructure. Its work spans transportation, water, energy, and defense, with services covering advisory and consultancy work, design, project delivery, systems integration, and operational support.

The company works with public- and private-sector clients on major and complex infrastructure programs. Its activities include highways and rail projects, water and wastewater infrastructure, energy networks and related facilities, and technology-enabled solutions designed to improve the performance, resilience and sustainability of critical assets.

Costain traces its origins to 1865 and has evolved from a traditional construction business into a provider of integrated infrastructure services.