Spirax Group PLC (OTCMKTS:SPXSY) Short Interest Update

Spirax Group PLC (OTCMKTS:SPXSY) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 24,368 shares, a growth of 1,472.1% from the May 31st total of 1,550 shares. Based on an average trading volume of 23,865 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the company’s shares are short sold.

Spirax Group Price Performance

Shares of OTCMKTS:SPXSY traded up $0.93 during mid-day trading on Thursday, reaching $46.23. 5,792 shares of the company’s stock were exchanged, compared to its average volume of 7,748. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.85 and a quick ratio of 1.41. Spirax Group has a twelve month low of $40.06 and a twelve month high of $54.08. The business’s fifty day moving average price is $47.85 and its 200-day moving average price is $48.02.

About Spirax Group

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.