Pennon Group Plc (OTCMKTS:PEGRY) Sees Large Increase in Short Interest

Pennon Group Plc (OTCMKTS:PEGRY) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 196,800 shares, a growth of 1,238.8% from the October 31st total of 14,700 shares. Based on an average trading volume of 149,400 shares, the short-interest ratio is presently 1.3 days.

Pennon Group Price Performance

Shares of OTCMKTS:PEGRY traded up $0.09 during trading on Thursday, hitting $14.92. 35,935 shares of the stock were exchanged, compared to its average volume of 55,651. Pennon Group has a 1-year low of $13.29 and a 1-year high of $19.86. The company’s fifty day simple moving average is $14.95 and its 200-day simple moving average is $15.60.

About Pennon Group

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.