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

Persimmon Plc (OTCMKTS:PSMMY) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 6,000 shares, a decline of 28.6% from the August 15th total of 8,400 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 1.6 days.

Persimmon Trading Up 1.8 %

OTCMKTS:PSMMY opened at $43.21 on Friday. The company has a fifty day moving average of $41.53 and a 200 day moving average of $37.15. Persimmon has a 52 week low of $23.04 and a 52 week high of $45.49.

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.