Pennon Group Plc (OTCMKTS:PEGRF) Short Interest Update

Pennon Group Plc (OTCMKTS:PEGRF) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 1,716,400 shares, an increase of 132.7% from the May 15th total of 737,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 4,291.0 days.

Pennon Group Price Performance

Pennon Group stock traded up $0.15 during mid-day trading on Friday, reaching $7.42. 141 shares of the company’s stock traded hands, compared to its average volume of 1,388. The stock has a 50 day moving average of $8.16 and a two-hundred day moving average of $8.66. Pennon Group has a 12-month low of $7.00 and a 12-month high of $9.63.

About Pennon Group

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain.