Centrica plc (OTCMKTS:CPYYY) Sees Significant Growth in Short Interest

Centrica plc (OTCMKTS:CPYYY - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 25,900 shares, an increase of 254.8% from the March 15th total of 7,300 shares. Based on an average daily trading volume, of 14,600 shares, the short-interest ratio is currently 1.8 days. Currently, 0.0% of the company's shares are sold short.

Centrica Price Performance

Shares of OTCMKTS:CPYYY traded up $0.10 during trading on Friday, reaching $8.00. 8,093 shares of the stock were exchanged, compared to its average volume of 8,163. The stock has a fifty day moving average of $7.50 and a two-hundred day moving average of $6.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.77 and a quick ratio of 1.66. Centrica has a 1-year low of $5.80 and a 1-year high of $8.05.

Analyst Ratings Changes

Separately, Barclays lowered shares of 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 given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy".

About Centrica

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.