Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 14,500 shares, an increase of 70.6% from the September 15th total of 8,500 shares. Based on an average daily volume of 36,100 shares, the days-to-cover ratio is currently 0.4 days.
Severn Trent Trading Up 1.6 %
OTCMKTS STRNY opened at $33.56 on Friday. The stock has a 50 day moving average price of $34.05 and a 200-day moving average price of $32.68. Severn Trent has a one year low of $29.00 and a one year high of $36.56.
Analyst Upgrades and Downgrades
Separately, Barclays cut Severn Trent from a “strong-buy” rating to a “hold” rating in a report on Monday, August 5th.
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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