Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 4,500 shares, a growth of 21.6% from the February 28th total of 3,700 shares. Based on an average daily trading volume, of 51,400 shares, the days-to-cover ratio is presently 0.1 days.
Severn Trent Stock Performance
Severn Trent stock opened at $35.12 on Friday. Severn Trent has a 52 week low of $28.78 and a 52 week high of $36.56. The business has a 50-day simple moving average of $31.47 and a 200 day simple moving average of $32.82.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein raised shares of Severn Trent from a “hold” rating to a “strong-buy” rating in a report on Monday, January 13th.
Severn Trent Company Profile
Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.
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