Severn Trent PLC (OTCMKTS:STRNY) Sees Significant Increase in Short Interest

Severn Trent PLC (OTCMKTS:STRNYGet Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 40,100 shares, a growth of 197.0% from the April 30th total of 13,500 shares. Based on an average daily trading volume, of 73,300 shares, the days-to-cover ratio is currently 0.5 days.

Severn Trent Stock Performance

OTCMKTS STRNY opened at $31.35 on Friday. Severn Trent has a fifty-two week low of $27.39 and a fifty-two week high of $35.54. The business has a 50 day moving average price of $31.83 and a two-hundred day moving average price of $32.56.

Severn Trent Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, July 29th. Shareholders of record on Monday, June 3rd will be given a $0.8434 dividend. The ex-dividend date of this dividend is Monday, June 3rd. This is a boost from Severn Trent’s previous dividend of $0.54. Severn Trent’s payout ratio is 205.04%.

Severn Trent Company Profile

(Get Free Report)

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.

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