John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Update

John Wood Group PLC (OTCMKTS:WDGJF) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 198,200 shares, a growth of 283.4% from the December 15th total of 51,700 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 70.8 days.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. assumed 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 OTCMKTS:WDGJF remained flat at $0.76 on Tuesday. The firm’s 50-day simple moving average is $0.81 and its 200 day simple moving average is $1.55. John Wood Group has a fifty-two week low of $0.61 and a fifty-two week high of $2.69.

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.