Smiths Group PLC (OTCMKTS:SMGZY) Short Interest Update

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 - Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 72,600 shares, a growth of 39.9% from the August 15th total of 51,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 3.4 days. Based on an average daily volume of 21,500 shares, the short-interest ratio is currently 3.4 days. Approximately 0.0% of the company's stock are sold short.

Smiths Group Stock Down 0.9%

Smiths Group stock traded down $0.29 during mid-day trading on Friday, hitting $32.32. The company had a trading volume of 5,300 shares, compared to its average volume of 8,992. Smiths Group has a 1 year low of $19.34 and a 1 year high of $33.31. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.28 and a current ratio of 2.02. The business has a fifty day moving average of $32.17 and a 200 day moving average of $29.13.

About Smiths Group

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.