Weir Group (OTCMKTS:WEGRY) Short Interest Down 79.0% in June

Weir Group (OTCMKTS:WEGRY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 2,096 shares, a drop of 79.0% from the May 31st total of 9,996 shares. Based on an average trading volume of 106,853 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Kepler Capital Markets raised Weir Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 17th. Zacks Research upgraded Weir Group from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Weir Group has an average rating of “Moderate Buy”.

Weir Group Trading Down 1.5%

OTCMKTS WEGRY opened at $15.86 on Friday. The company has a fifty day moving average price of $17.48 and a 200-day moving average price of $19.81. The company has a current ratio of 2.05, a quick ratio of 1.30 and a debt-to-equity ratio of 0.87. Weir Group has a 1 year low of $15.38 and a 1 year 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.