Severn Trent PLC (OTCMKTS:SVTRF) Sees Large Increase in Short Interest

Severn Trent PLC (OTCMKTS:SVTRF) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 588,500 shares, a growth of 48.7% from the August 31st total of 395,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 2,942.5 days. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 2,942.5 days.

Severn Trent Stock Performance

OTCMKTS SVTRF opened at $34.52 on Wednesday. The business’s 50-day moving average price is $35.09 and its 200 day moving average price is $34.51. Severn Trent has a twelve month low of $30.05 and a twelve month high of $37.89.

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.