Severn Trent PLC (OTCMKTS:STRNY) Short Interest Update

Severn Trent PLC (OTCMKTS:STRNY) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,700 shares, an increase of 146.7% from the February 13th total of 1,500 shares. Based on an average daily trading volume, of 38,300 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Severn Trent from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th.

Severn Trent Stock Down 0.5 %

STRNY stock traded down $0.16 on Friday, hitting $31.71. 11,546 shares of the company’s stock were exchanged, compared to its average volume of 51,674. The firm has a 50 day moving average price of $30.91 and a two-hundred day moving average price of $33.05. Severn Trent has a 12-month low of $28.78 and a 12-month high of $36.56.

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.