SSE plc (OTCMKTS:SSEZY) Short Interest Down 73.1% in October

SSE plc (OTCMKTS:SSEZY - Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 8,100 shares, a decrease of 73.1% from the September 30th total of 30,100 shares. Based on an average daily volume of 209,300 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SSEZY shares. Deutsche Bank Aktiengesellschaft assumed coverage on shares of SSE in a report on Wednesday, October 2nd. They set a "hold" rating for the company. Barclays raised SSE to a "strong-buy" rating in a report on Monday, September 30th.

SSE Stock Down 1.8 %

OTCMKTS:SSEZY traded down $0.43 during mid-day trading on Friday, hitting $23.58. 23,631 shares of the company's stock were exchanged, compared to its average volume of 88,137. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.68. SSE has a fifty-two week low of $19.34 and a fifty-two week high of $27.01. The company has a 50 day simple moving average of $25.40 and a 200-day simple moving average of $23.85.

About SSE

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.