Short Interest in Monadelphous Group Limited (OTCMKTS:MOPHY) Expands By 100.0%

Monadelphous Group Limited (OTCMKTS:MOPHYGet Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 2 shares, an increase of 100.0% from the May 31st total of 1 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Monadelphous Group Stock Performance

Shares of OTCMKTS MOPHY opened at C$19.50 on Wednesday. Monadelphous Group has a 12-month low of C$17.16 and a 12-month high of C$19.50. The firm’s 50-day moving average price is C$19.50 and its 200-day moving average price is C$14.00.

About Monadelphous Group

(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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