Smiths Group PLC (OTCMKTS:SMGZY) Short Interest Update

Smiths Group PLC (OTCMKTS:SMGZY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 75,045 shares, a growth of 127.4% from the April 30th total of 33,002 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 65,606 shares, the short-interest ratio is currently 1.1 days.

Smiths Group Stock Down 1.7%

SMGZY stock traded down $0.56 on Monday, hitting $32.78. 24,367 shares of the company’s stock traded hands, compared to its average volume of 27,651. Smiths Group has a 1-year low of $28.29 and a 1-year high of $37.93. The stock has a fifty day moving average of $33.59 and a 200-day moving average of $33.99.

Analyst Ratings Changes

SMGZY has been the subject of a number of analyst reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Smiths Group in a research note on Wednesday, May 20th. Zacks Research raised shares of Smiths Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently 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.