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

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

Monadelphous Group Stock Performance

Monadelphous Group stock opened at C$19.50 on Friday. Monadelphous Group has a 1-year low of C$17.16 and a 1-year high of C$19.50. The firm has a 50 day simple moving average of C$19.50 and a 200 day simple moving average of C$14.14.

Monadelphous Group Company Profile

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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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