Short Interest in Pennon Group Plc (OTCMKTS:PEGRY) Decreases By 37.0%

Pennon Group Plc (OTCMKTS:PEGRY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 17,508 shares, a decline of 37.0% from the November 30th total of 27,805 shares. Based on an average daily trading volume, of 24,463 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 24,463 shares, the days-to-cover ratio is currently 0.7 days.

Pennon Group Price Performance

Shares of OTCMKTS PEGRY traded up $0.19 during mid-day trading on Tuesday, hitting $14.36. The company had a trading volume of 53,265 shares, compared to its average volume of 55,344. The firm has a 50-day simple moving average of $13.78 and a two-hundred day simple moving average of $13.30. Pennon Group has a one year low of $9.84 and a one year high of $15.14.

About Pennon Group

Pennon Group (OTCMKTS:PEGRY) is a UK‐based utilities and environmental services company that operates through two main businesses: South West Water and Viridor. The group provides water supply, wastewater treatment and collection services to residential, commercial and industrial customers in the South West of England. Its water division serves regional communities with drinking water production, network maintenance and sewage treatment, while ensuring compliance with regulatory standards for water quality and environmental protection.

South West Water, Pennon’s core water operations arm, manages water resources and distribution infrastructure across Cornwall, Devon and parts of Dorset and Somerset.