Smiths Group PLC (OTCMKTS:SMGZY) Short Interest Update

Smiths Group PLC (OTCMKTS:SMGZY) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 99,917 shares, a growth of 177.0% from the May 31st total of 36,076 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 65,996 shares, the short-interest ratio is presently 1.5 days.

Smiths Group Stock Down 1.0%

Shares of OTCMKTS:SMGZY opened at $33.98 on Friday. Smiths Group has a 52-week low of $28.29 and a 52-week high of $37.93. The company has a 50 day moving average of $34.27 and a two-hundred day moving average of $34.13.

Wall Street Analyst Weigh In

SMGZY has been the topic of several recent research reports. Zacks Research upgraded Smiths Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 19th. Jefferies Financial Group reissued a “hold” rating on shares of Smiths Group in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Smiths Group currently has a consensus rating of “Moderate Buy”.

Smiths Group Company Profile

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.