John Wood Group PLC (OTCMKTS:WDGJF) Sees Large Decline in Short Interest

John Wood Group PLC (OTCMKTS:WDGJF) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 331,000 shares, a decrease of 31.0% from the February 13th total of 479,800 shares. Based on an average daily volume of 191,500 shares, the days-to-cover ratio is presently 1.7 days.

John Wood Group Price Performance

OTCMKTS WDGJF opened at $0.53 on Friday. John Wood Group has a 1-year low of $0.31 and a 1-year high of $2.69. The firm’s fifty day simple moving average is $0.68 and its 200-day simple moving average is $1.07.

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.