Severn Trent PLC (OTCMKTS:STRNY) Short Interest Up 146.7% in February

Severn Trent PLC (OTCMKTS:STRNY) was the recipient of a large increase in short interest in 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 days-to-cover ratio is currently 0.1 days.

Severn Trent Stock Performance

Shares of OTCMKTS STRNY opened at $31.94 on Friday. Severn Trent has a 52-week low of $28.78 and a 52-week high of $36.56. The firm has a 50 day moving average price of $30.91 and a two-hundred day moving average price of $33.05.

Analyst Upgrades and Downgrades

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

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.