Monadelphous Group Limited (OTCMKTS:MOPHY) Short Interest Up 100.0% in July

Monadelphous Group Limited (OTCMKTS:MOPHY) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a growth of 100.0% from the July 15th total of 1 shares. Based on an average trading volume of 1 shares, the short-interest ratio is currently 2.0 days.

Monadelphous Group Price Performance

Shares of Monadelphous Group stock remained flat at C$19.50 on Friday. 84 shares of the stock traded hands, compared to its average volume of 100. The firm has a 50-day moving average of C$19.50 and a 200-day moving average of C$16.34. Monadelphous Group has a 1-year low of C$17.16 and a 1-year high of C$19.50.

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.