Severn Trent PLC (OTCMKTS:STRNY) Stock Short Interest Report for September

Severn Trent PLC (OTCMKTS:STRNY) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 13,808 shares, an increase of 79.2% from the September 15th total of 7,704 shares. Based on an average daily volume of 38,726 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

STRNY has been the topic of several recent analyst reports. BNP Paribas Exane initiated coverage on Severn Trent in a research report on Monday, June 29th. They set a “neutral” rating on the stock. Jefferies Financial Group downgraded Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Six equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Severn Trent Trading Down 1.0%

OTCMKTS:STRNY opened at $41.62 on Thursday. The stock has a fifty day moving average price of $41.77 and a two-hundred day moving average price of $41.49. Severn Trent has a 1 year low of $35.72 and a 1 year high of $45.46.

Severn Trent Company Profile

Severn Trent plc is a United Kingdom-based water and wastewater services company. Through its regulated subsidiary, Severn Trent Water, the company collects, treats and supplies clean water to households and businesses and provides wastewater collection and treatment services.

Severn Trent serves customers across the Midlands and central England, including communities in and around Birmingham, Coventry, Derbyshire, Gloucestershire, Leicestershire, Shropshire, Staffordshire, Warwickshire and Worcestershire.