Persimmon Plc (OTCMKTS:PSMMY) Short Interest Up 553.3% in March

Persimmon Plc (OTCMKTS:PSMMY) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 309,000 shares, a growth of 553.3% from the March 15th total of 47,300 shares. Based on an average daily volume of 193,700 shares, the short-interest ratio is currently 1.6 days. Currently, 0.2% of the shares of the company are sold short.

Persimmon Price Performance

OTCMKTS PSMMY traded up $0.39 during trading hours on Monday, reaching $30.58. The stock had a trading volume of 21,538 shares, compared to its average volume of 35,776. Persimmon has a 52-week low of $25.47 and a 52-week high of $45.60. The stock has a fifty day moving average of $30.68 and a 200 day moving average of $32.97.

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.