Severn Trent PLC (OTCMKTS:SVTRF) Sees Large Drop in Short Interest

Severn Trent PLC (OTCMKTS:SVTRFGet Free Report) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 647,900 shares, a decline of 22.3% from the November 15th total of 834,000 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 1,079.8 days.

Severn Trent Price Performance

Shares of SVTRF opened at $33.44 on Friday. The stock has a 50 day moving average of $34.34 and a 200 day moving average of $33.17. Severn Trent has a 12 month low of $30.46 and a 12 month high of $35.92.

Severn Trent Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, November 29th will be given a dividend of $48.68 per share. This represents a dividend yield of 4.31%. The ex-dividend date is Thursday, November 28th. Severn Trent’s dividend payout ratio is presently 98.13%.

Severn Trent Company Profile

(Get Free Report)

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.

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