Manila Water Company, Inc. (OTCMKTS:MWTCY – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 63 shares, a drop of 64.4% from the September 30th total of 177 shares. Based on an average trading volume of 106 shares, the short-interest ratio is currently 0.6 days.
Manila Water Price Performance
OTCMKTS:MWTCY remained flat at C$12.47 during trading hours on Thursday. The stock’s fifty day simple moving average is C$14.49 and its 200 day simple moving average is C$16.41. Manila Water has a 1-year low of C$12.47 and a 1-year high of C$19.13.
Manila Water Company Profile
Manila Water Company, Inc is a Philippine water and wastewater utility that provides potable water, sewerage, and sanitation services. Its activities include the treatment and distribution of water, the collection and treatment of wastewater, and the development and maintenance of related infrastructure such as pipelines, pumping stations, and treatment facilities.
The company is the concessionaire for the East Zone of Metro Manila and parts of the province of Rizal under an agreement with the Metropolitan Waterworks and Sewerage System.
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