Could SHAWCOR LTD ORDINARY SHARES (OTCMKTS:SAWLF) See a Reversal After Less Sellers Came In?

Shawcor Ltd. (OTCMKTS:SAWLF) Logo

The stock of SHAWCOR LTD ORDINARY SHARES (OTCMKTS:SAWLF) registered a decrease of 11.85% in short interest. SAWLF’s total short interest was 364,500 shares in May as published by FINRA. Its down 11.85% from 413,500 shares, reported previously. With 200 shares average volume, it will take short sellers 1823 days to cover their SAWLF’s short positions.

It closed at $14.83 lastly. It is down 0.00% since May 8, 2018 and is . It has underperformed by 4.37% the S&P500.

ShawCor Ltd., an energy services company, provides services and products for the pipeline, pipe services, petrochemical, and industrial divisions of the energy industry worldwide. The company has market cap of $1.02 billion. The firm operates in two divisions, Pipeline and Pipe Services, and Petrochemical and Industrial. It has a 32.88 P/E ratio. The Company’s Bredero Shaw division offers pipe coating, lining, and insulation products; and Canusa-CPS division makes heat shrinkable sleeves, adhesives, and liquid coatings for pipeline joint protection applications.

Another recent and important Shawcor Ltd. (OTCMKTS:SAWLF) news was published by Seekingalpha.com which published an article titled: “ShawCor – Several Catalysts To Fuel Further Growth – Seeking Alpha” on November 19, 2013.

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