Severn Trent PLC (OTCMKTS:SVTRF) Sees Large Decline in Short Interest

Severn Trent PLC (OTCMKTS:SVTRF) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 593,500 shares, a drop of 11.5% from the January 31st total of 670,900 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 593.5 days.

Severn Trent Stock Performance

OTCMKTS:SVTRF opened at $30.82 on Friday. Severn Trent has a one year low of $30.05 and a one year high of $35.92. The firm’s 50 day simple moving average is $30.84 and its 200 day simple moving average is $32.99.

About Severn Trent

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.