Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 5,234 shares, an increase of 79.6% from the June 30th total of 2,915 shares. Based on an average daily volume of 33,580 shares, the short-interest ratio is presently 0.2 days.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on STRNY. Zacks Research raised shares of Severn Trent from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Royal Bank Of Canada restated a “sector perform” rating on shares of Severn Trent in a research report on Monday, June 1st. Citigroup restated a “neutral” rating on shares of Severn Trent in a report on Thursday, June 11th. Finally, BNP Paribas Exane initiated coverage on shares of Severn Trent in a report on Monday, June 29th. They issued a “neutral” rating on the stock. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Severn Trent has an average rating of “Hold”.
Check Out Our Latest Analysis on STRNY
Severn Trent Trading Down 1.2%
About Severn Trent
Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.
The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.
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