John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Up 183.4% in January

John Wood Group PLC (OTCMKTS:WDGJF) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 447,800 shares, an increase of 183.4% from the January 15th total of 158,000 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 135.7 days.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. started coverage on shares of John Wood Group in a research report on Thursday, October 17th. They set an “overweight” rating on the stock.

John Wood Group Stock Performance

Shares of WDGJF stock remained flat at $0.86 on Wednesday. John Wood Group has a 1 year low of $0.61 and a 1 year high of $2.69. The company has a 50-day moving average of $0.83 and a 200 day moving average of $1.29.

About John Wood Group

John Wood Group PLC, together with its subsidiaries, engages in the provision of consulting, project management, and engineering solutions to energy and built environment worldwide. It operates through Projects, Operations, Consulting, and Investment Services segments. The Projects segment provides engineering design and project management services across energy and materials markets including oil and gas, chemicals, mining, minerals, and life sciences.