Severn Trent PLC (OTCMKTS:STRNY) Short Interest Up 94.3% in May

Severn Trent PLC (OTCMKTS:STRNYGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,642 shares, an increase of 94.3% from the April 30th total of 1,360 shares. Based on an average daily volume of 43,764 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on STRNY shares. Kepler Capital Markets cut shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Citigroup cut shares of Severn Trent from a “buy” rating to a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Severn Trent in a research report on Monday. Finally, Zacks Research cut shares of Severn Trent from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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Severn Trent Trading Down 4.0%

Shares of Severn Trent stock opened at $40.06 on Tuesday. Severn Trent has a 52-week low of $33.73 and a 52-week high of $45.46. The company has a 50 day moving average of $42.25 and a 200 day moving average of $40.61.

Severn Trent Company Profile

(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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