Pennon Group Plc (OTCMKTS:PEGRY) Short Interest Up ∞ in August

Pennon Group Plc (OTCMKTS:PEGRY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 1,154 shares, an increase of ∞ from the July 30th total of 0 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 18,779 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Pennon Group to a “hold” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Pennon Group Stock Performance

Shares of OTCMKTS PEGRY remained flat at $12.87 during trading on Monday. The company’s stock had a trading volume of 10,574 shares, compared to its average volume of 7,926. Pennon Group has a twelve month low of $11.80 and a twelve month high of $16.35. The company has a 50-day moving average price of $12.60 and a two-hundred day moving average price of $13.75.

Pennon Group Company Profile

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.