Short Interest in Manila Water Company, Inc. (OTCMKTS:MWTCY) Expands By 186.6%

Manila Water Company, Inc. (OTCMKTS:MWTCYGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 536 shares, a growth of 186.6% from the August 15th total of 187 shares. Based on an average daily trading volume, of 65 shares, the days-to-cover ratio is presently 8.2 days.

Manila Water Price Performance

MWTCY opened at C$13.87 on Tuesday. The stock’s 50-day moving average price is C$15.49 and its 200 day moving average price is C$16.77. Manila Water has a 12-month low of C$13.87 and a 12-month high of C$19.13.

About Manila Water

(Get Free Report)

Manila Water Company, Inc is a leading water utility operator in the Philippines, primarily engaged in the provision of potable water and wastewater services. Under a long-term concession agreement with the Metropolitan Waterworks and Sewerage System (MWSS), the company supplies water to the East Zone of Metro Manila, drawing raw water from regional sources and managing an integrated network of treatment plants, pumping stations and distribution pipelines.

In addition to core water distribution, Manila Water develops and implements sewerage and sanitation solutions, including the design, construction and operation of sewage treatment facilities.

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