Short Interest in Manila Water Company, Inc. (OTCMKTS:MWTCY) Increases By 186.6%

Manila Water Company, Inc. (OTCMKTS:MWTCYGet Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 536 shares, a growth of 186.6% from the August 15th total of 187 shares. Based on an average trading volume of 65 shares, the short-interest ratio is currently 8.2 days.

Manila Water Price Performance

Shares of MWTCY stock opened at C$14.62 on Friday. Manila Water has a 1-year low of C$14.62 and a 1-year high of C$19.13. The firm has a fifty day moving average of C$15.53 and a two-hundred day moving average of C$16.80.

About Manila Water

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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.

Further Reading

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