Persimmon Plc (OTCMKTS:PSMMY) Short Interest Down 40.9% in January

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 10,100 shares, a decrease of 40.9% from the January 15th total of 17,100 shares. Based on an average daily volume of 23,500 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Citigroup raised shares of Persimmon from a "hold" rating to a "strong-buy" rating in a 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 note on Monday, December 2nd.

Persimmon Stock Down 0.4 %

PSMMY traded down $0.12 during trading hours on Monday, hitting $31.35. The company's stock had a trading volume of 2,838 shares, compared to its average volume of 14,696. Persimmon has a fifty-two week low of $25.47 and a fifty-two week high of $45.60. The company has a 50-day simple moving average of $30.24 and a 200 day simple moving average of $36.63.

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.