Short Interest in Pennon Group Plc (OTCMKTS:PEGRF) Rises By 49.6%

Pennon Group Plc (OTCMKTS:PEGRF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 1,236,200 shares, an increase of 49.6% from the January 15th total of 826,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 6,181.0 days.

Pennon Group Stock Performance

OTCMKTS:PEGRF opened at $4.89 on Friday. Pennon Group has a 1 year low of $4.89 and a 1 year high of $9.48. The stock’s fifty day moving average price is $6.70 and its two-hundred day moving average price is $7.22.

About Pennon Group

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.