Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1 shares, a decline of 50.0% from the June 30th total of 2 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Monadelphous Group Price Performance
MOPHY remained flat at C$19.50 during trading on Thursday. Monadelphous Group has a 12 month low of C$17.16 and a 12 month high of C$19.50. The business’s fifty day moving average is C$19.50 and its two-hundred day moving average is C$15.52.
About Monadelphous Group
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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