Short Interest in Manila Water Company, Inc. (OTCMKTS:MWTCY) Declines By 28.4%

Manila Water Company, Inc. (OTCMKTS:MWTCY) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 63 shares, a decline of 28.4% from the March 31st total of 88 shares. Based on an average daily volume of 120 shares, the short-interest ratio is currently 0.5 days.

Manila Water Stock Performance

Shares of OTCMKTS MWTCY remained flat at C$17.65 during midday trading on Wednesday. 100 shares of the stock were exchanged, compared to its average volume of 200. Manila Water has a 1 year low of C$17.65 and a 1 year high of C$19.13. The firm has a fifty day simple moving average of C$17.59 and a 200 day simple moving average of C$17.47.

About Manila Water

Manila Water Company, Inc is a leading water utility operator in the Philippines, primarily engaged in the provision of potable water and wastewater services. Under a long-term concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS), the company supplies water to the East Zone of Metro Manila, drawing raw water from regional sources and managing an integrated network of treatment plants, pumping stations and distribution pipelines.

In addition to core water distribution, Manila Water develops and implements sewerage and sanitation solutions, including the design, construction and operation of sewage treatment facilities.