Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 96 shares, an increase of 4,700.0% from the August 15th total of 2 shares. Based on an average trading volume of 2 shares, the short-interest ratio is currently 48.0 days.
Monadelphous Group Price Performance
MOPHY remained flat at C$19.50 during trading on Thursday. The stock has a fifty day moving average price of C$19.50 and a two-hundred day moving average price of C$17.69. Monadelphous Group has a 52 week low of C$17.16 and a 52 week high of C$19.50.
About Monadelphous Group
Monadelphous Group is an Australian-based engineering and construction firm specializing in maintenance, fabrication and industrial services for the resources, energy and infrastructure sectors. Founded in 1972 in Perth, the company has built a reputation for delivering heavy-engineering solutions, including structural steelwork, piping fabrication and on-site commissioning. Its core capabilities encompass mechanical maintenance, shutdown services and project delivery for upstream oil and gas facilities, mining operations and power generation plants.
The company’s service offering extends from front-end engineering design through to detailed fabrication, installation and long-term asset support.
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