Weir Group (OTCMKTS:WEGRY) Short Interest Up 7,896.8% in May

Weir Group (OTCMKTS:WEGRY) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 9,996 shares, an increase of 7,896.8% from the May 14th total of 125 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 71,644 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Weir Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Weir Group Stock Down 1.2%

Shares of WEGRY stock traded down $0.19 during trading hours on Tuesday, hitting $16.05. 26,986 shares of the company were exchanged, compared to its average volume of 39,140. The business has a 50 day moving average of $18.56 and a two-hundred day moving average of $20.03. The company has a quick ratio of 1.30, a current ratio of 2.05 and a debt-to-equity ratio of 0.87. Weir Group has a 52 week low of $15.81 and a 52 week high of $24.85.

About Weir Group

Weir Group PLC is a Glasgow‐based engineering firm specializing in the design, manufacture and aftermarket servicing of equipment for the minerals, oil & gas and power industries. Founded in 1871, the company has built a reputation for delivering robust solutions that improve safety, efficiency and sustainability across challenging industrial environments. Its core focus lies in high‐performance equipment that supports critical processes such as ore extraction, fluid handling and pressure management.

The company’s Minerals division supplies a comprehensive range of products including slurry pumps, hydrocyclones, crushers and grinding mills, which are widely used in mining and quarrying operations.