Sse Plc (OTCMKTS:SSEZY) Sees Significant Drop in Short Interest

Sse Plc (OTCMKTS:SSEZY) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,791 shares, a drop of 93.3% from the July 15th total of 86,423 shares. Based on an average daily trading volume, of 861,959 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, SSE presently has an average rating of “Hold”.

SSE Price Performance

OTCMKTS SSEZY traded up $0.23 on Tuesday, hitting $32.35. The stock had a trading volume of 59,405 shares, compared to its average volume of 280,206. The company’s 50-day moving average is $32.18 and its two-hundred day moving average is $33.83. SSE has a one year low of $21.70 and a one year high of $37.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 1.12.

SSE Company Profile

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.