Severn Trent PLC (OTCMKTS:STRNY) Short Interest Update

Severn Trent PLC (OTCMKTS:STRNY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,500 shares, an increase 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 currently 0.1 days.

Severn Trent Price Performance

Shares of STRNY opened at $32.88 on Wednesday. Severn Trent has a 1 year low of $28.78 and a 1 year high of $36.56. The company’s fifty day moving average is $31.33 and its two-hundred day moving average is $32.81.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised 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.