Manila Water Company, Inc. (OTCMKTS:MWTCY) Shares Shorted: Short Interest Down 50.9% in September

Manila Water Company, Inc. (OTCMKTS:MWTCY) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 263 shares, a decrease of 50.9% from the August 31st total of 536 shares. Based on an average daily trading volume, of 390 shares, the days-to-cover ratio is currently 0.7 days.

Manila Water Stock Performance

MWTCY remained flat at C$14.28 during trading hours on Tuesday. The company’s 50 day moving average price is C$15.26 and its two-hundred day moving average price is C$16.55. Manila Water has a twelve month low of C$13.87 and a twelve month high of C$19.13.

Manila Water Company Profile

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.