Persimmon Plc (OTCMKTS:PSMMY) Short Interest Update

Persimmon Plc (OTCMKTS:PSMMY) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 7,200 shares, a decrease of 28.7% from the January 31st total of 10,100 shares. Based on an average trading volume of 11,800 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

PSMMY has been the topic of several analyst reports. Citigroup raised Persimmon from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada downgraded shares of Persimmon from a “hold” rating to a “strong sell” rating in a research report on Monday, December 2nd.

Persimmon Price Performance

Shares of PSMMY traded down $0.03 during trading hours on Tuesday, reaching $29.94. The stock had a trading volume of 36,826 shares, compared to its average volume of 13,373. The firm has a 50-day moving average of $30.00 and a 200 day moving average of $35.81. Persimmon has a 52 week low of $25.47 and a 52 week high of $45.60.

Persimmon Company Profile

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.