Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 1 shares, a decline of 50.0% from the June 30th total of 2 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Monadelphous Group Price Performance
Shares of OTCMKTS:MOPHY remained flat at C$19.50 during midday trading on Wednesday. Monadelphous Group has a 1-year low of C$17.16 and a 1-year high of C$19.50. The business’s 50-day moving average is C$19.50 and its 200 day moving average is C$15.45.
About Monadelphous Group
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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