Smiths Group PLC (OTCMKTS:SMGZY) Short Interest Up 39.9% in August

Key Points

• Short Interest Surge: Smiths Group PLC experienced a significant increase in short interest of 39.9% in August, reaching a total of 72,600 shares by August 31st.
• Current Stock Performance: The company's stock traded down 0.1% to $32.75 with a trading volume of 12,858 shares, slightly below its average volume.
• Financial Ratios: Smiths Group has a debt-to-equity ratio of 0.28, a current ratio of 2.02, and a quick ratio of 1.28, indicating strong financial health.

Smiths Group PLC (OTCMKTS:SMGZY - ) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 72,600 shares, an increase of 39.9% from the August 15th total of 51,900 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is presently 3.4 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 21,500 shares, the short-interest ratio is presently 3.4 days.

Smiths Group Trading Down 0.1%

SMGZY traded down $0.04 during trading on Tuesday, hitting $32.75. The company's stock had a trading volume of 12,858 shares, compared to its average volume of 15,378. Smiths Group has a twelve month low of $19.34 and a twelve month high of $33.31. The stock's fifty day moving average price is $32.10 and its 200-day moving average price is $28.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.02 and a quick ratio of 1.28.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.

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