Pennon Group Plc (OTCMKTS:PEGRF) Short Interest Down 27.7% in August

Pennon Group Plc (OTCMKTS:PEGRF) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,801,000 shares, a decline of 27.7% from the August 15th total of 2,490,900 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 1,000.6 days.

Pennon Group Stock Performance

Shares of OTCMKTS:PEGRF opened at $8.11 on Friday. Pennon Group has a 1 year low of $6.91 and a 1 year high of $9.63. The business has a 50 day simple moving average of $8.07 and a two-hundred day simple moving average of $8.15.

About Pennon Group

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.