Persimmon Plc (OTCMKTS:PSMMY) Sees Significant Decline in Short Interest

Persimmon Plc (OTCMKTS:PSMMY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,200 shares, a decrease of 43.6% from the February 29th total of 3,900 shares. Based on an average trading volume of 11,100 shares, the short-interest ratio is currently 0.2 days.

Persimmon Stock Down 1.0 %

PSMMY stock traded down $0.34 during trading on Thursday, reaching $32.95. The stock had a trading volume of 8,921 shares, compared to its average volume of 7,209. Persimmon has a 52 week low of $23.04 and a 52 week high of $38.60. The stock’s 50 day moving average is $35.46 and its two-hundred day moving average is $31.82.

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.