Short Interest in Severn Trent PLC (OTCMKTS:STRNY) Decreases By 75.2%

Severn Trent PLC (OTCMKTS:STRNY) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 6,562 shares, a decline of 75.2% from the May 31st total of 26,469 shares. Based on an average trading volume of 77,694 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Zacks Research raised shares of Severn Trent from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. Royal Bank Of Canada restated a “sector perform” rating on shares of Severn Trent in a report on Monday, June 1st. Finally, Citigroup reiterated a “neutral” rating on shares of Severn Trent in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Severn Trent Trading Down 0.5%

Shares of OTCMKTS STRNY opened at $39.31 on Friday. Severn Trent has a fifty-two week low of $33.73 and a fifty-two week high of $45.46. The stock has a fifty day moving average of $41.28 and a 200-day moving average of $40.85.

Severn Trent Company Profile

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.