Short Interest in Pennon Group Plc (OTCMKTS:PEGRY) Increases By 1,238.8%

Pennon Group Plc (OTCMKTS:PEGRY) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 196,800 shares, a growth of 1,238.8% from the October 31st total of 14,700 shares. Based on an average trading volume of 149,400 shares, the days-to-cover ratio is presently 1.3 days.

Pennon Group Trading Down 2.3 %

Shares of Pennon Group stock traded down $0.35 during trading on Wednesday, hitting $14.83. 11,816 shares of the company’s stock were exchanged, compared to its average volume of 55,738. The business has a 50-day simple moving average of $14.98 and a 200-day simple moving average of $15.60. Pennon Group has a 52-week low of $13.29 and a 52-week high of $19.86.

Pennon Group Company Profile

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.