Severn Trent PLC (OTCMKTS:STRNY) Short Interest Update

Severn Trent PLC (OTCMKTS:STRNY) was the recipient 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 trading volume of 38,300 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

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 Performance

Shares of STRNY stock opened at $31.87 on Thursday. Severn Trent has a twelve month low of $28.78 and a twelve month high of $36.56. The stock’s fifty day simple moving average is $30.90 and its 200 day simple moving average is $33.06.

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.