Webco Industries Inc. (OTCMKTS:WEBC) Short Interest Up ∞ in July

Webco Industries Inc. (OTCMKTS:WEBC) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 1 shares, an increase of ∞ from the July 15th total of 0 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21 shares, the days-to-cover ratio is currently 0.0 days.

Webco Industries Stock Performance

WEBC stock opened at $300.00 on Monday. The company has a market capitalization of $204 million, a PE ratio of 10.57 and a beta of -0.04. Webco Industries has a one year low of $186.00 and a one year high of $332.00. The company’s 50 day moving average price is $312.15 and its two-hundred day moving average price is $278.79.

Webco Industries (OTCMKTS:WEBC) last announced its quarterly earnings data on Tuesday, May 26th. The industrial products company reported $11.61 earnings per share for the quarter. The business had revenue of $179.60 million during the quarter.

Webco Industries Company Profile

Webco Industries, Inc is a U.S.-based manufacturer specializing in precision-engineered carbon and alloy steel tubular products. The company produces seamless tubing in a range of sizes and grades for demanding applications, including energy exploration, hydraulic and pneumatic cylinders, off-highway equipment and general industrial uses. Webco’s capabilities encompass tubing up to six inches in outer diameter, with wall thicknesses tailored to high-pressure environments.

Beyond standard tubing, Webco offers an array of value-added services such as cutting, end finishing, threading, end polishing and customized packaging to meet customer specifications.