The Weir Group PLC (OTCMKTS:WEGRY – Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 900 shares, a growth of 125.0% from the March 31st total of 400 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is currently 0.2 days.
The Weir Group Trading Down 1.1 %
WEGRY opened at $12.38 on Friday. The firm’s 50 day moving average is $12.40 and its 200-day moving average is $11.70. The Weir Group has a 52-week low of $9.90 and a 52-week high of $13.37.
The Weir Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Friday, April 19th will be issued a $0.1113 dividend. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from The Weir Group’s previous dividend of $0.09.
The Weir Group Company Profile
The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
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