Short Interest in Severn Trent PLC (OTCMKTS:STRNY) Drops By 35.1%

Severn Trent PLC (OTCMKTS:STRNY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 27,601 shares, a decrease of 35.1% from the November 30th total of 42,512 shares. Based on an average trading volume of 33,300 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 33,300 shares, the short-interest ratio is presently 0.8 days.

Severn Trent Trading Down 0.3%

OTCMKTS STRNY opened at $37.42 on Monday. Severn Trent has a twelve month low of $28.78 and a twelve month high of $39.02. The firm has a 50-day simple moving average of $37.42 and a 200 day simple moving average of $36.52.

Severn Trent Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, January 22nd. Shareholders of record on Tuesday, December 2nd will be given a $0.6091 dividend. The ex-dividend date is Monday, December 1st. This represents a dividend yield of 409.0%. Severn Trent’s dividend payout ratio (DPR) is currently 147.68%.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

About Severn Trent

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.