Persimmon Plc (OTCMKTS:PSMMY) Short Interest Update

Persimmon Plc (OTCMKTS:PSMMY) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 2,799 shares, a growth of 10,665.4% from the February 26th total of 26 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 19,131 shares, the short-interest ratio is currently 0.1 days.

Persimmon Stock Up 0.9%

PSMMY opened at $29.93 on Thursday. The firm’s fifty day moving average price is $37.25 and its 200 day moving average price is $34.71. Persimmon has a 12-month low of $27.82 and a 12-month high of $41.84.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PSMMY shares. Royal Bank Of Canada raised Persimmon from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, December 2nd. Citigroup restated a “buy” rating on shares of Persimmon in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. According to data from MarketBeat, Persimmon presently has a consensus rating of “Buy”.

Persimmon Company Profile

Persimmon plc (OTCMKTS:PSMMY) is a leading United Kingdom–based residential property developer primarily engaged in the design, construction and sale of new homes. The company’s product range spans starter homes for first-time buyers, family houses and executive properties, addressing a broad spectrum of customer needs. Persimmon also offers warranty and after-sales services through its in-house customer care teams, ensuring ongoing support for homeowners.

Founded in 1972 and headquartered in York, North Yorkshire, Persimmon has grown from a regional builder into one of the UK’s most prolific housebuilders.