Persimmon Plc (OTCMKTS:PSMMY) Short Interest Down 28.7% in February

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 7,200 shares, a decrease of 28.7% from the January 31st total of 10,100 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is currently 0.6 days.

Persimmon Stock Performance

PSMMY traded down $0.49 on Thursday, reaching $29.59. The company had a trading volume of 11,720 shares, compared to its average volume of 13,619. The company has a fifty day moving average of $30.00 and a 200-day moving average of $35.68. Persimmon has a one year low of $25.47 and a one year high of $45.60.

Wall Street Analyst Weigh In

PSMMY has been the subject of several recent research reports. Citigroup upgraded shares of Persimmon from a "hold" rating to a "strong-buy" rating in a research report 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 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.