Severn Trent PLC (OTCMKTS:SVTRF) Short Interest Down 22.3% in November

Severn Trent PLC (OTCMKTS:SVTRF) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 647,900 shares, a drop of 22.3% from the November 15th total of 834,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 1,079.8 days.

Severn Trent Stock Down 3.2 %

OTCMKTS SVTRF opened at $33.44 on Monday. Severn Trent has a 52 week low of $30.46 and a 52 week high of $35.92. The firm’s 50-day simple moving average is $34.29 and its two-hundred day simple moving average is $33.19.

Severn Trent Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 10th. Investors of record on Friday, November 29th will be paid a $48.68 dividend. The ex-dividend date of this dividend is Thursday, November 28th. This represents a yield of 4.31%. Severn Trent’s dividend payout ratio is 98.13%.

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.