SSE plc (OTCMKTS:SSEZY) Short Interest Down 95.8% in January

SSE plc (OTCMKTS:SSEZY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 1,400 shares, a decrease of 95.8% from the December 31st total of 33,000 shares. Based on an average trading volume of 387,000 shares, the short-interest ratio is currently 0.0 days.

SSE Stock Performance

SSEZY opened at $20.01 on Thursday. SSE has a one year low of $18.76 and a one year high of $27.01. The company has a fifty day moving average price of $20.56 and a 200-day moving average price of $23.14.

SSE Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Friday, January 3rd will be paid a $0.2658 dividend. The ex-dividend date of this dividend is Friday, January 3rd.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SSEZY. UBS Group upgraded SSE from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. Citigroup raised SSE from a “strong sell” rating to a “hold” rating in a report on Monday, January 20th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of SSE in a report on Wednesday, October 2nd. They issued a “hold” rating on the stock.

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.