Short Interest in Severn Trent PLC (OTCMKTS:STRNY) Increases By 146.7%

Severn Trent PLC (OTCMKTS:STRNY) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 3,700 shares, an increase of 146.7% from the February 13th total of 1,500 shares. Based on an average daily volume of 38,300 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised Severn Trent from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 13th.

Severn Trent Price Performance

OTCMKTS:STRNY opened at $31.87 on Thursday. Severn Trent has a fifty-two week low of $28.78 and a fifty-two week high of $36.56. The company has a 50 day simple moving average of $30.90 and a two-hundred day simple moving average of $33.06.

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.