Pennon Group Plc (OTCMKTS:PEGRY) Sees Large Decrease in Short Interest

by · The Cerbat Gem

Pennon Group Plc (OTCMKTS:PEGRY – Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 17,508 shares, a decline of 37.0% from the November 30th total of 27,805 shares. Based on an average daily trading volume, of 24,463 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 24,463 shares, the short-interest ratio is currently 0.7 days.

Pennon Group Stock Performance

Shares of OTCMKTS PEGRY opened at $14.05 on Monday. Pennon Group has a one year low of $9.84 and a one year high of $15.15. The business has a 50-day moving average price of $13.77 and a two-hundred day moving average price of $13.29.

About Pennon Group

(Get Free Report)

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.

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