Short Interest in Weir Group (OTCMKTS:WEGRY) Declines By 99.1%

Weir Group (OTCMKTS:WEGRY) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 125 shares, a decline of 99.1% from the April 30th total of 14,669 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 60,505 shares, the days-to-cover ratio is currently 0.0 days.

Weir Group Stock Performance

OTCMKTS WEGRY traded up $0.18 during trading on Wednesday, hitting $16.91. 34,956 shares of the company traded hands, compared to its average volume of 27,784. Weir Group has a 12 month low of $16.01 and a 12 month high of $24.85. The business has a fifty day simple moving average of $18.96 and a 200 day simple moving average of $20.18. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.05 and a quick ratio of 1.30.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Citigroup restated a “buy” rating on shares of Weir Group in a report on Wednesday, February 4th. Zacks Research raised shares of Weir Group from a “strong sell” rating to a “hold” rating in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.

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.