Severn Trent PLC (OTCMKTS:STRNY) Sees Large Growth in Short Interest

Severn Trent PLC (OTCMKTS:STRNYGet Free Report) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 110,200 shares, a growth of 174.8% from the May 15th total of 40,100 shares. Based on an average daily volume of 112,000 shares, the short-interest ratio is presently 1.0 days.

Severn Trent Stock Down 3.3 %

Shares of OTCMKTS STRNY traded down $1.09 during trading hours on Friday, reaching $31.91. The stock had a trading volume of 24,921 shares, compared to its average volume of 30,864. Severn Trent has a fifty-two week low of $27.39 and a fifty-two week high of $35.54. The firm has a 50-day moving average of $31.73 and a 200-day moving average of $32.40.

Severn Trent Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 29th. Stockholders of record on Monday, June 3rd will be given a dividend of $0.8434 per share. The ex-dividend date of this dividend is Monday, June 3rd. This is a positive change from Severn Trent’s previous dividend of $0.54. Severn Trent’s dividend payout ratio (DPR) 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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