Persimmon Plc (OTCMKTS:PSMMY – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 3,100 shares, an increase of 342.9% from the September 30th total of 700 shares. Based on an average daily trading volume, of 9,400 shares, the short-interest ratio is presently 0.3 days.
Persimmon Stock Up 0.8 %
OTCMKTS PSMMY traded up $0.32 during trading on Friday, reaching $40.70. 1,808 shares of the stock traded hands, compared to its average volume of 7,249. Persimmon has a fifty-two week low of $23.45 and a fifty-two week high of $45.60. The stock’s 50-day moving average price is $43.53 and its 200 day moving average price is $39.16.
Persimmon Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, November 25th. Stockholders of record on Friday, October 18th will be issued a $0.4829 dividend. The ex-dividend date of this dividend is Friday, October 18th.
About Persimmon
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.
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