Persimmon Plc (OTCMKTS:PSMMY) Short Interest Down 40.9% in January

Persimmon Plc (OTCMKTS:PSMMY) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 10,100 shares, a decrease of 40.9% from the January 15th total of 17,100 shares. Based on an average daily trading volume, of 23,500 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on PSMMY shares. Citigroup raised Persimmon from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada lowered shares of Persimmon from a “hold” rating to a “strong sell” rating in a research report on Monday, December 2nd.

Persimmon Stock Down 0.2 %

Shares of OTCMKTS PSMMY traded down $0.05 during mid-day trading on Thursday, hitting $30.65. The stock had a trading volume of 6,755 shares, compared to its average volume of 14,696. The business has a 50 day moving average price of $30.30 and a two-hundred day moving average price of $36.80. Persimmon has a 1 year low of $25.47 and a 1 year 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.