Short Interest in Severn Trent PLC (OTCMKTS:STRNY) Grows By 1,400.0%

Severn Trent PLC (OTCMKTS:STRNY) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 79,400 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on STRNY shares. Sanford C. Bernstein raised Severn Trent from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 13th. Citigroup upgraded Severn Trent from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 5th.

Severn Trent Trading Up 2.1 %

Shares of OTCMKTS STRNY opened at $31.58 on Friday. Severn Trent has a 12-month low of $28.78 and a 12-month high of $36.56. The stock has a 50 day simple moving average of $31.02 and a 200-day simple moving average of $33.14.

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.