Sse Plc (OTCMKTS:SSEZY) Stock Short Interest Report for October

Sse Plc (OTCMKTS:SSEZY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 155,695 shares, an increase of 275.9% from the September 30th total of 41,418 shares. Based on an average daily volume of 121,144 shares, the short-interest ratio is currently 1.3 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

SSEZY has been the topic of several recent research reports. Sanford C. Bernstein assumed coverage on shares of SSE in a research report on Thursday, September 3rd. They issued an “outperform” rating on the stock. Oddo Bhf initiated coverage on SSE in a report on Monday, October 5th. They issued an “outperform” rating on the stock. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, SSE currently has a consensus rating of “Hold”.

SSE Stock Up 0.4%

Shares of SSEZY opened at $33.28 on Wednesday. The company’s 50 day moving average price is $32.76 and its 200 day moving average price is $33.43. SSE has a 52 week low of $24.64 and a 52 week high of $37.51.

About SSE

SSE plc is a United Kingdom-based energy infrastructure company headquartered in Perth, Scotland. The company develops, owns and operates assets across the electricity sector, with a particular focus on renewable energy, electricity networks and low-carbon infrastructure.

SSE’s activities include the generation of electricity from renewable sources such as offshore and onshore wind, hydroelectric power and energy-from-waste facilities, as well as the operation of thermal power assets. Through its SSEN businesses, the company also owns and operates electricity transmission and distribution networks serving northern Scotland and other parts of Great Britain.

The company was formed in 1998 through the merger of Scottish Hydro-Electric and Southern Electric.