Manila Water Company, Inc. (OTCMKTS:MWTCY – Get Free Report) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 536 shares, an increase of 186.6% from the August 15th total of 187 shares. Based on an average trading volume of 65 shares, the days-to-cover ratio is presently 8.2 days.
Manila Water Stock Performance
OTCMKTS:MWTCY opened at C$14.62 on Friday. Manila Water has a one year low of C$14.62 and a one year high of C$19.13. The business’s 50-day simple moving average is C$15.53 and its 200 day simple moving average is C$16.80.
Manila Water Company Profile
Manila Water Company, Inc is a leading water utility operator in the Philippines, primarily engaged in the provision of potable water and wastewater services. Under a long-term concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS), the company supplies water to the East Zone of Metro Manila, drawing raw water from regional sources and managing an integrated network of treatment plants, pumping stations and distribution pipelines.
In addition to core water distribution, Manila Water develops and implements sewerage and sanitation solutions, including the design, construction and operation of sewage treatment facilities.
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