Short Interest in Sse Plc (OTCMKTS:SSEZY) Grows By 64.0%

Sse Plc (OTCMKTS:SSEZY) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 86,423 shares, a growth of 64.0% from the June 30th total of 52,702 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 317,329 shares, the days-to-cover ratio is currently 0.3 days.

SSE Trading Up 2.6%

Shares of SSEZY opened at $31.54 on Friday. The firm has a 50-day moving average of $32.25 and a 200-day moving average of $33.81. SSE has a one year low of $21.70 and a one year 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.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

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.