Sse Plc (OTCMKTS:SSEZY) Short Interest Update

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

Analysts Set New Price Targets

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

SSE Stock Performance

Shares of OTCMKTS:SSEZY traded down $0.56 on Thursday, reaching $32.14. The company’s stock had a trading volume of 73,558 shares, compared to its average volume of 265,948. The stock’s 50-day moving average is $32.33 and its two-hundred day moving average is $33.79. SSE has a 52-week low of $21.70 and a 52-week 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.

About SSE

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.