Weir Group (OTCMKTS:WEGRY) Short Interest Down 99.1% in May

Weir Group (OTCMKTS:WEGRY) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 125 shares, a decline of 99.1% from the April 30th total of 14,669 shares. Based on an average daily volume of 60,505 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WEGRY shares. Zacks Research upgraded shares of Weir Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Citigroup reaffirmed a “buy” rating on shares of Weir Group in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

Weir Group Price Performance

Shares of OTCMKTS WEGRY opened at $16.91 on Thursday. The stock’s fifty day simple moving average is $18.96 and its 200 day simple moving average is $20.18. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.30 and a current ratio of 2.05. Weir Group has a 52-week low of $16.01 and a 52-week 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.