John Wood Group PLC (OTCMKTS:WDGJF – Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 198,200 shares, an increase of 283.4% from the December 15th total of 51,700 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 70.8 days.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. began coverage on shares of John Wood Group in a research report on Thursday, October 17th. They issued an “overweight” rating on the stock.
Read Our Latest Report on WDGJF
John Wood Group Price Performance
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.
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