WSP Global Inc. (OTCMKTS:WSPOF) Sees Significant Increase in Short Interest

WSP Global Inc. (OTCMKTS:WSPOF) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 887,300 shares, an increase of 56.0% from the March 15th total of 568,800 shares. Based on an average daily trading volume, of 9,500 shares, the short-interest ratio is currently 93.4 days.

Wall Street Analysts Forecast Growth

Separately, CIBC reiterated an “outperform” rating on shares of WSP Global in a report on Monday, February 3rd.

WSP Global Stock Up 0.2 %

OTCMKTS WSPOF opened at $178.95 on Friday. The business has a 50 day simple moving average of $172.54 and a 200 day simple moving average of $174.79. WSP Global has a one year low of $148.06 and a one year high of $194.26.

About WSP Global

WSP Global Inc operates as a professional services consulting firm in the United States, Canada, the United Kingdom, Sweden, Australia, and internationally. It advises, plans, designs, and manages projects for rail, transit, aviation, highways, bridges, tunnels, water, maritime, and urban infrastructure for public and private clients, construction contractors, and other partners.