Short Interest in Weir Group (OTCMKTS:WEGRY) Drops By 38.5%

Weir Group (OTCMKTS:WEGRY) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 14,669 shares, a decline of 38.5% from the April 15th total of 23,862 shares. Based on an average trading volume of 88,366 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on WEGRY shares. Citigroup reaffirmed a “buy” rating on shares of Weir Group in a report on Wednesday, February 4th. Zacks Research raised shares of Weir Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Weir Group Stock Performance

OTCMKTS WEGRY opened at $16.34 on Monday. The stock has a 50-day moving average of $19.49 and a 200 day moving average of $20.35. The company has a quick ratio of 1.30, a current ratio of 2.05 and a debt-to-equity ratio of 0.87. Weir Group has a twelve month low of $15.67 and a twelve month high of $24.85.

Weir Group Company Profile

Weir Group PLC is a Glasgow‐based engineering firm specializing in the design, manufacture and aftermarket servicing of equipment for the minerals, oil & gas and power industries. Founded in 1871, the company has built a reputation for delivering robust solutions that improve safety, efficiency and sustainability across challenging industrial environments. Its core focus lies in high‐performance equipment that supports critical processes such as ore extraction, fluid handling and pressure management.

The company’s Minerals division supplies a comprehensive range of products including slurry pumps, hydrocyclones, crushers and grinding mills, which are widely used in mining and quarrying operations.