Pennon Group Plc (OTCMKTS:PEGRY) Short Interest Up ∞ in August

Pennon Group Plc (OTCMKTS:PEGRY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,154 shares, an increase of ∞ from the July 30th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 18,779 shares, the days-to-cover ratio is currently 0.1 days.

Pennon Group Trading Up 0.7%

Shares of OTCMKTS:PEGRY opened at $12.96 on Tuesday. Pennon Group has a 52-week low of $11.80 and a 52-week high of $16.35. The business’s 50 day simple moving average is $12.61 and its two-hundred day simple moving average is $13.74.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Pennon Group to a “hold” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Pennon Group presently has a consensus rating of “Hold”.

Pennon Group Company Profile

Pennon Group (OTCMKTS:PEGRY) is a UK‐based utilities and environmental services company that operates through two main businesses: South West Water and Viridor. The group provides water supply, wastewater treatment and collection services to residential, commercial and industrial customers in the South West of England. Its water division serves regional communities with drinking water production, network maintenance and sewage treatment, while ensuring compliance with regulatory standards for water quality and environmental protection.

South West Water, Pennon’s core water operations arm, manages water resources and distribution infrastructure across Cornwall, Devon and parts of Dorset and Somerset.