Spirax Group PLC (OTCMKTS:SPXSY) Short Interest Up 144.2% in July

Spirax Group PLC (OTCMKTS:SPXSY) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 9,018 shares, a growth of 144.2% from the July 15th total of 3,693 shares. Based on an average daily volume of 15,624 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

Spirax Group Stock Down 1.9%

Spirax Group stock traded down $0.92 during mid-day trading on Friday, reaching $47.91. The company’s stock had a trading volume of 2,933 shares, compared to its average volume of 8,638. The company has a quick ratio of 1.41, a current ratio of 1.85 and a debt-to-equity ratio of 0.57. Spirax Group has a 12 month low of $42.56 and a 12 month high of $54.08. The business’s 50 day simple moving average is $46.64 and its 200 day simple moving average is $48.11.

Spirax Group Company Profile

Spirax Group is a UK-based engineering company specializing in steam and thermal energy solutions. Founded in 1888 and headquartered in Cheltenham, England, the group combines product design, system integration and aftermarket services to help industrial customers improve efficiency, safety and environmental performance.

The company’s core offerings include steam traps, control valves, heat exchangers, pumps, burners and packaged boiler house solutions. In addition to equipment supply, Spirax Group provides commissioning, maintenance, troubleshooting and training services that support continuous operation and energy management across complex steam and thermal systems.

Spirax Group operates through two principal business segments: Steam Specialties, which focuses on pressure and temperature control, and Electrical & Mechanical, which provides pumps, heat exchangers and associated services.