Severn Trent PLC (OTCMKTS:STRNY) Short Interest Up 29.0% in October

Severn Trent PLC (OTCMKTS:STRNY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 18,700 shares, an increase of 29.0% from the September 30th total of 14,500 shares. Based on an average daily trading volume, of 23,700 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Ratings Changes

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

Severn Trent Stock Performance

Shares of STRNY stock opened at $34.20 on Monday. The firm has a fifty day simple moving average of $34.55 and a two-hundred day simple moving average of $32.95. Severn Trent has a 12 month low of $29.00 and a 12 month high of $36.56.

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.