Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) saw a significant increase in short interest during the month of 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 11,389 shares, the days-to-cover ratio is presently 3.7 days.
Pennon Group Stock Performance
OTCMKTS PEGRY traded up $0.05 during trading hours on Tuesday, hitting $9.10. 2,633 shares of the company’s stock traded hands, compared to its average volume of 17,100. The business’s fifty day moving average price is $10.84 and its two-hundred day moving average price is $13.10. Pennon Group has a 52 week low of $8.70 and a 52 week high of $16.35.
About Pennon Group
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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