Pennon Group Plc (OTCMKTS:PEGRF – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,801,000 shares, a decrease of 27.7% from the August 15th total of 2,490,900 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 1,000.6 days.
Pennon Group Trading Down 0.6 %
PEGRF traded down $0.05 on Monday, hitting $8.11. 4,300 shares of the stock were exchanged, compared to its average volume of 1,560. Pennon Group has a 12 month low of $6.91 and a 12 month high of $9.63. The business has a 50-day moving average of $8.07 and a two-hundred day moving average of $8.15.
About Pennon Group
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