Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 1,100 shares, a drop of 15.4% from the April 30th total of 1,300 shares. Based on an average daily volume of 11,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.
Persimmon Stock Down 0.4%
OTCMKTS PSMMY traded down $0.14 during trading on Friday, reaching $34.90. 4,140 shares of the company's stock were exchanged, compared to its average volume of 25,297. The company has a 50 day moving average price of $34.01 and a two-hundred day moving average price of $31.80. Persimmon has a 1 year low of $25.47 and a 1 year high of $45.60.
Analysts Set New Price Targets
Separately, Morgan Stanley reiterated an "overweight" rating on shares of Persimmon in a report on Tuesday, May 6th.
Read Our Latest Stock Report on Persimmon
Persimmon Company Profile
(
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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.
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