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

Persimmon Plc (OTCMKTS:PSMMY) was the recipient of a significant growth in short interest in 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. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 193,700 shares, the short-interest ratio is presently 1.6 days.

Persimmon Stock Up 1.3 %

PSMMY stock traded up $0.39 during midday trading on Monday, hitting $30.58. 21,538 shares of the stock traded hands, compared to its average volume of 35,776. Persimmon has a 1-year low of $25.47 and a 1-year high of $45.60. The stock’s fifty day simple moving average is $30.68 and its 200-day simple moving average is $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.