Short Interest in Spirax Group PLC (OTCMKTS:SPXSY) Rises By 1,472.1%

Spirax Group PLC (OTCMKTS:SPXSY) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 24,368 shares, a growth of 1,472.1% from the May 31st total of 1,550 shares. Based on an average trading volume of 23,865 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the company’s shares are sold short.

Spirax Group Trading Up 2.0%

Spirax Group stock traded up $0.93 during mid-day trading on Thursday, hitting $46.23. 5,792 shares of the stock were exchanged, compared to its average volume of 7,748. The company has a quick ratio of 1.41, a current ratio of 1.85 and a debt-to-equity ratio of 0.57. Spirax Group has a 12 month low of $40.06 and a 12 month high of $54.08. The firm’s fifty day simple moving average is $47.85 and its two-hundred day simple moving average is $48.02.

About Spirax Group

Spirax Group is a UK-based engineering company specializing in steam and thermal energy solutions. Founded in 1888 and headquartered in Cheltenham, England, the group combines product design, system integration and aftermarket services to help industrial customers improve efficiency, safety and environmental performance.

The company’s core offerings include steam traps, control valves, heat exchangers, pumps, burners and packaged boiler house solutions. In addition to equipment supply, Spirax Group provides commissioning, maintenance, troubleshooting and training services that support continuous operation and energy management across complex steam and thermal systems.

Spirax Group operates through two principal business segments: Steam Specialties, which focuses on pressure and temperature control, and Electrical & Mechanical, which provides pumps, heat exchangers and associated services.