Sse Plc (OTCMKTS:SSEZY) Short Interest Up 64.0% in July

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

SSE Stock Up 2.6%

SSEZY opened at $31.54 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.12 and a current ratio of 1.20. The business has a fifty day simple moving average of $32.25 and a 200 day simple moving average of $33.81. SSE has a 1 year low of $21.70 and a 1 year high of $37.51.

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 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

SSE Company Profile

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.