Manila Water Company, Inc. (OTCMKTS:MWTCY) Stock Short Interest Falls 50.9%

Manila Water Company, Inc. (OTCMKTS:MWTCY) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 263 shares, a decrease of 50.9% from the August 31st total of 536 shares. Based on an average daily volume of 390 shares, the short-interest ratio is presently 0.7 days.

Manila Water Stock Performance

Shares of OTCMKTS MWTCY remained flat at C$14.28 during trading hours on Tuesday. The company has a 50-day moving average of C$15.26 and a 200 day moving average of C$16.55. Manila Water has a one year low of C$13.87 and a one year high of C$19.13.

Manila Water Company Profile

Manila Water Company, Inc is a Philippine water and wastewater utility that provides potable water distribution, sewerage, sanitation, and related infrastructure services. The company manages water supply systems, operates treatment facilities, and develops projects intended to improve access to reliable and safe water services.

Manila Water is best known for its East Zone concession in Metro Manila, where it serves residential, commercial, and industrial customers in areas including Quezon City, Marikina, Pasig, and parts of Makati, as well as communities in Rizal province.