Severn Trent PLC (OTCMKTS:STRNY) Short Interest Update

Severn Trent PLC (OTCMKTS:STRNY) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 10,700 shares, a decline of 42.8% from the October 15th total of 18,700 shares. Based on an average daily volume of 26,900 shares, the short-interest ratio is currently 0.4 days.

Severn Trent Trading Up 0.4 %

Shares of OTCMKTS:STRNY traded up $0.15 during trading on Friday, reaching $34.20. 16,817 shares of the company traded hands, compared to its average volume of 32,847. The firm has a fifty day simple moving average of $34.72 and a 200 day simple moving average of $33.29. Severn Trent has a 1-year low of $29.00 and a 1-year high of $36.56.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays lowered Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 5th. Citigroup raised Severn Trent from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 5th.

About Severn Trent

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.