Short Interest in Monadelphous Group Limited (OTCMKTS:MOPHY) Decreases By 50.0%

Monadelphous Group Limited (OTCMKTS:MOPHYGet Free Report) was the recipient of a large decline in short interest in 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 daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Monadelphous Group Stock Performance

OTCMKTS MOPHY remained flat at C$19.50 during trading hours on Tuesday. The stock has a 50 day simple moving average of C$19.50 and a two-hundred day simple moving average of C$15.37. Monadelphous Group has a 12-month low of C$17.16 and a 12-month high of C$19.50.

Monadelphous Group Company Profile

(Get Free Report)

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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