Short Interest in Monadelphous Group Limited (OTCMKTS:MOPHY) Decreases By 83.3%

Monadelphous Group Limited (OTCMKTS:MOPHY) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2 shares, a decrease of 83.3% from the January 15th total of 12 shares. Based on an average daily volume of 2 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 2 shares, the short-interest ratio is presently 1.0 days.

Monadelphous Group Stock Performance

Shares of MOPHY stock traded up C$0.26 during trading hours on Wednesday, reaching C$9.45. Monadelphous Group has a 12-month low of C$9.00 and a 12-month high of C$9.45. The firm has a fifty day simple moving average of C$9.22 and a 200-day simple moving average of C$9.29.

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.