Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 12 shares, a drop of 87.5% from the August 31st total of 96 shares. Based on an average daily volume of 17 shares, the short-interest ratio is presently 0.7 days.
Monadelphous Group Stock Performance
OTCMKTS MOPHY opened at C$19.50 on Friday. Monadelphous Group has a 1 year low of C$17.16 and a 1 year high of C$19.50. The company has a fifty day moving average of C$19.50 and a 200 day moving average of C$18.49.
Monadelphous Group Company Profile
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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