Severn Trent PLC (OTCMKTS:SVTRF) Sees Significant Decrease in Short Interest

Severn Trent PLC (OTCMKTS:SVTRF) was the target of a significant decline in short interest in 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 volume of 600 shares, the days-to-cover ratio is currently 1,079.8 days.

Severn Trent Stock Performance

Shares of OTCMKTS SVTRF opened at $33.44 on Friday. The firm’s 50-day moving average price is $34.34 and its 200-day moving average price is $33.17. Severn Trent has a 1-year low of $30.46 and a 1-year high of $35.92.

Severn Trent Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, November 29th will be issued a $48.68 dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 4.31%. Severn Trent’s payout ratio is currently 98.13%.

Severn Trent Company Profile

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.