Short Interest in Spirax Group PLC (OTCMKTS:SPXSY) Rises By 383.4%

Spirax Group PLC (OTCMKTS:SPXSY) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 3,693 shares, a growth of 383.4% from the June 30th total of 764 shares. Based on an average daily volume of 31,201 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Spirax Group Stock Up 1.2%

Spirax Group stock opened at $47.61 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.41 and a current ratio of 1.85. The company has a 50-day moving average price of $45.97 and a 200 day moving average price of $47.98. Spirax Group has a 12-month low of $40.35 and a 12-month high of $54.08.

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.