Spirax Group PLC (OTCMKTS:SPXSY) Short Interest Up 57.5% in May

Spirax Group PLC (OTCMKTS:SPXSY) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,550 shares, an increase of 57.5% from the May 14th total of 984 shares. Based on an average trading volume of 13,693 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Spirax Group Stock Up 2.3%

Shares of SPXSY stock opened at $47.53 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.41 and a current ratio of 1.85. The business has a 50 day moving average of $48.09 and a two-hundred day moving average of $47.94. Spirax Group has a 52 week low of $38.99 and a 52 week high of $54.08.

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.