Manila Water Company, Inc. (OTCMKTS:MWTCY – Get Free Report) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 536 shares, an increase of 186.6% from the August 15th total of 187 shares. Based on an average daily volume of 65 shares, the short-interest ratio is currently 8.2 days.
Manila Water Stock Performance
Shares of OTCMKTS:MWTCY opened at C$14.62 on Monday. Manila Water has a 1 year low of C$14.62 and a 1 year high of C$19.13. The stock’s 50-day moving average is C$15.53 and its 200 day moving average is C$16.79.
About Manila Water
Manila Water Company, Inc is a leading water utility operator in the Philippines, primarily engaged in the provision of potable water and wastewater services. Under a long-term concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS), the company supplies water to the East Zone of Metro Manila, drawing raw water from regional sources and managing an integrated network of treatment plants, pumping stations and distribution pipelines.
In addition to core water distribution, Manila Water develops and implements sewerage and sanitation solutions, including the design, construction and operation of sewage treatment facilities.
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