Severn Trent PLC (OTCMKTS:STRNY) Short Interest Down 17.5% in August

Severn Trent PLC (OTCMKTS:STRNY) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 5,200 shares, a decline of 17.5% from the August 15th total of 6,300 shares. Based on an average trading volume of 56,300 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 5th.

Severn Trent Stock Performance

STRNY opened at $35.22 on Monday. Severn Trent has a twelve month low of $27.39 and a twelve month high of $35.79. The firm’s 50-day moving average price is $33.36 and its 200 day moving average price is $32.39.

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.