The Weir Group PLC (OTCMKTS:WEGRY – Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 900 shares, an increase 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 presently 0.2 days.
The Weir Group Trading Up 2.4 %
Shares of WEGRY opened at $12.68 on Friday. The Weir Group has a 52-week low of $9.90 and a 52-week high of $13.37. The business’s fifty day moving average is $12.42 and its 200-day moving average is $11.72.
The Weir Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Friday, April 19th will be paid a $0.1113 dividend. This is a positive change from The Weir Group’s previous dividend of $0.09. The ex-dividend date is Thursday, April 18th.
About The Weir Group
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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