Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 2 shares, a drop of 83.3% from the January 15th total of 12 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 2 shares, the days-to-cover ratio is currently 1.0 days.
Monadelphous Group Price Performance
Shares of MOPHY stock remained flat at C$9.19 during trading on Thursday. The business’s 50 day moving average is C$9.22 and its 200 day moving average is C$9.29. Monadelphous Group has a one year low of C$9.00 and a one year high of C$9.45.
About Monadelphous Group
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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