Severn Trent PLC (OTCMKTS:STRNY) Short Interest Up 1,370.0% in April

Severn Trent PLC (OTCMKTS:STRNY) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 29,400 shares, a growth of 1,370.0% from the March 31st total of 2,000 shares. Based on an average daily trading volume, of 46,000 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Severn Trent from a “hold” rating to a “strong-buy” rating in a report on Monday, January 13th.

Severn Trent Trading Down 0.2 %

STRNY opened at $36.19 on Monday. Severn Trent has a 52-week low of $28.78 and a 52-week high of $37.24. The company has a 50 day moving average of $32.85 and a two-hundred day moving average of $32.79.

Severn Trent Company Profile

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.