Severn Trent PLC (OTCMKTS:STRNY) Short Interest Down 75.2% in June

Severn Trent PLC (OTCMKTS:STRNYGet Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 6,562 shares, a decrease of 75.2% from the May 31st total of 26,469 shares. Based on an average daily volume of 77,694 shares, the short-interest ratio is presently 0.1 days.

Severn Trent Stock Performance

OTCMKTS STRNY opened at $39.31 on Friday. The company has a 50-day simple moving average of $41.28 and a two-hundred day simple moving average of $40.85. Severn Trent has a 12-month low of $33.73 and a 12-month high of $45.46.

Analysts Set New Price Targets

STRNY has been the topic of a number of research analyst reports. Citigroup restated a “neutral” rating on shares of Severn Trent in a research note on Thursday, June 11th. Zacks Research raised Severn Trent from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Severn Trent in a research note on Monday, June 1st. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Stock Report on Severn Trent

About Severn Trent

(Get Free Report)

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.

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