Centrica plc (OTCMKTS:CPYYY) Short Interest Down 21.5% in March

Centrica plc (OTCMKTS:CPYYY - Get Free Report) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 7,300 shares, a decline of 21.5% from the February 28th total of 9,300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is currently 0.3 days.

Centrica Stock Performance

Shares of OTCMKTS CPYYY traded down $0.45 during midday trading on Friday, reaching $7.49. 12,147 shares of the company were exchanged, compared to its average volume of 8,540. Centrica has a 1 year low of $5.80 and a 1 year high of $8.05. The stock has a fifty day simple moving average of $7.37 and a 200 day simple moving average of $6.75. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.66 and a current ratio of 1.77.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Centrica from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 19th. One analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Centrica has an average rating of "Buy".

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.