Severn Trent PLC (OTCMKTS:STRNY) Short Interest Update

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

Severn Trent Stock Performance

STRNY stock traded up $0.27 during mid-day trading on Friday, hitting $34.32. The company had a trading volume of 15,638 shares, compared to its average volume of 32,842. Severn Trent has a 12 month low of $29.00 and a 12 month high of $36.56. The stock’s fifty day moving average price is $34.72 and its two-hundred day moving average price is $33.29.

Analyst Upgrades and Downgrades

STRNY has been the topic of a number of recent research reports. Citigroup raised shares of Severn Trent from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 5th. Barclays lowered shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 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.