Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 540 shares, a drop of 88.2% from the September 30th total of 4,574 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 27,105 shares, the days-to-cover ratio is presently 0.0 days.
Pennon Group Stock Down 1.1%
Shares of Pennon Group stock opened at $9.52 on Tuesday. The stock’s fifty day moving average is $11.50 and its 200-day moving average is $13.37. Pennon Group has a 12-month low of $8.79 and a 12-month high of $16.35.
About Pennon Group
Pennon Group plc is a United Kingdom-based environmental infrastructure company focused primarily on regulated water and wastewater services. Through its water businesses, the group provides drinking water, sewerage, wastewater treatment, and related services to households, businesses, and other organizations.
Its principal subsidiary, South West Water, serves customers across Devon, Cornwall, the Isles of Scilly, and parts of Dorset. Pennon also owns Bristol Water, which supplies customers in Bristol and surrounding areas, and SES Water, serving parts of Surrey and neighboring communities.
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