Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 5,200 shares, a decrease of 17.5% from the August 15th total of 6,300 shares. Based on an average daily trading volume, of 56,300 shares, the days-to-cover ratio is presently 0.1 days.
Wall Street Analyst Weigh In
Separately, Barclays lowered Severn Trent from a “strong-buy” rating to a “hold” rating in a report on Monday, August 5th.
Check Out Our Latest Stock Report on Severn Trent
Severn Trent Stock Performance
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.
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