Persimmon Plc (OTCMKTS:PSMMY) Short Interest Down 15.4% in May

Persimmon Plc (OTCMKTS:PSMMY) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 1,100 shares, a decline of 15.4% from the April 30th total of 1,300 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 11,900 shares, the short-interest ratio is presently 0.1 days.

Persimmon Trading Up 1.6%

Shares of OTCMKTS PSMMY opened at $35.62 on Thursday. The business’s fifty day simple moving average is $33.87 and its 200-day simple moving average is $31.76. Persimmon has a 12-month low of $25.47 and a 12-month high of $45.60.

Analysts Set New Price Targets

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Persimmon in a research note on Tuesday, May 6th.

About Persimmon

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.