Manila Water Company, Inc. (OTCMKTS:MWTCY – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 263 shares, a drop of 50.9% from the August 31st total of 536 shares. Based on an average trading volume of 390 shares, the days-to-cover ratio is presently 0.7 days.
Manila Water Price Performance
Shares of OTCMKTS:MWTCY remained flat at C$14.58 during midday trading on Thursday. The stock had a trading volume of 120 shares, compared to its average volume of 248. Manila Water has a 52-week low of C$13.87 and a 52-week high of C$19.13. The business has a 50-day simple moving average of C$15.22 and a two-hundred day simple moving average of C$16.50.
About Manila Water
Manila Water Company, Inc is a Philippine water and wastewater utility that provides potable water distribution, sewerage, sanitation, and related infrastructure services. The company manages water supply systems, operates treatment facilities, and develops projects intended to improve access to reliable and safe water services.
Manila Water is best known for its East Zone concession in Metro Manila, where it serves residential, commercial, and industrial customers in areas including Quezon City, Marikina, Pasig, and parts of Makati, as well as communities in Rizal province.
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