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

Sse Plc (OTCMKTS:SSEZY) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 49,595 shares, a growth of 756.4% from the July 30th total of 5,791 shares. Based on an average trading volume of 184,124 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

SSE Trading Up 1.5%

Shares of SSEZY stock opened at $32.83 on Wednesday. The stock’s fifty day moving average is $32.30 and its 200-day moving average is $33.79. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.12 and a current ratio of 1.20. SSE has a 52 week low of $21.70 and a 52 week high of $37.51.

Analyst Ratings Changes

Separately, Zacks Research raised shares of SSE from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

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.