Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 41,707 shares, an increase of 7,623.5% from the October 15th total of 540 shares. Based on an average daily volume of 11,389 shares, the short-interest ratio is presently 3.7 days. Approximately 0.0% of the company’s shares are sold short.
Pennon Group Price Performance
Shares of OTCMKTS:PEGRY opened at $9.10 on Wednesday. The company’s fifty day moving average is $10.76 and its two-hundred day moving average is $13.08. Pennon Group has a 12-month low of $8.70 and a 12-month high of $16.35.
Pennon Group Company Profile
Pennon Group is a UK-based water and wastewater utility holding company. Through its regulated businesses, it provides drinking water and wastewater collection and treatment services to residential and business customers. Its principal water businesses include South West Water, Bristol Water and SES Water. Together, they serve communities in southwest England, the Bristol area and parts of southeast England. Pennon was formed following the privatisation of the water industry in England and Wales.
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