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

Monadelphous Group Limited (OTCMKTS:MOPHYGet Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 2 shares, an increase of 100.0% from the July 15th total of 1 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 2.0 days.

Monadelphous Group Price Performance

MOPHY remained flat at C$19.50 during trading hours on Friday. The company had a trading volume of 84 shares, compared to its average volume of 100. The business’s fifty day moving average is C$19.50 and its 200-day moving average is C$16.34. Monadelphous Group has a 12-month low of C$17.16 and a 12-month high of C$19.50.

Monadelphous Group Company Profile

(Get Free Report)

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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