SSE plc (OTCMKTS:SSEZY) Sees Significant Decrease in Short Interest

SSE plc (OTCMKTS:SSEZY) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 167,500 shares, a decline of 46.4% from the August 15th total of 312,400 shares. Based on an average daily volume of 53,700 shares, the short-interest ratio is currently 3.1 days.

SSE Trading Up 0.5 %

Shares of SSEZY traded up $0.12 on Friday, reaching $26.44. The stock had a trading volume of 21,114 shares, compared to its average volume of 80,672. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.03 and a current ratio of 1.10. The firm has a 50-day moving average of $24.80 and a 200 day moving average of $22.97. SSE has a twelve month low of $18.08 and a twelve month high of $26.64.

SSE Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, July 26th will be issued a dividend of $0.4684 per share. This is a boost from SSE’s previous dividend of $0.23. The ex-dividend date of this dividend is Friday, July 26th.

SSE Company Profile

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.