Persimmon Plc (OTCMKTS:PSMMY) Short Interest Update

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 1,100 shares, a decrease of 15.4% from the April 30th total of 1,300 shares. Based on an average daily volume of 11,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.

Persimmon Stock Performance

Shares of Persimmon stock traded down $0.58 during trading on Thursday, reaching $35.04. 5,547 shares of the stock were exchanged, compared to its average volume of 25,497. Persimmon has a 1 year low of $25.47 and a 1 year high of $45.60. The stock's fifty day moving average is $33.87 and its 200 day moving average is $31.76.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reiterated an "overweight" rating on shares of Persimmon in a report on Tuesday, May 6th.

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.