John Wood Group PLC (OTCMKTS:WDGJF) Short Interest Up 283.4% in January

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

John Wood Group Stock Up 7.1 %

Shares of WDGJF traded up $0.06 on Wednesday, hitting $0.87. The company’s stock had a trading volume of 300 shares, compared to its average volume of 2,755. The company has a 50 day moving average price of $0.80 and a 200 day moving average price of $1.42. John Wood Group has a fifty-two week low of $0.61 and a fifty-two week high of $2.69.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. began coverage on John Wood Group in a report on Thursday, October 17th. They set an “overweight” rating on the stock.

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.