SSE plc (OTCMKTS:SSEZY) Short Interest Down 70.3% in February

SSE plc (OTCMKTS:SSEZY - Get Free Report) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 34,600 shares, a decline of 70.3% from the January 31st total of 116,500 shares. Based on an average daily volume of 178,000 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SSEZY shares. Citigroup raised shares of SSE from a "strong sell" rating to a "hold" rating in a research report on Monday, January 20th. UBS Group raised SSE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.

SSE Stock Performance

Shares of OTCMKTS:SSEZY traded up $0.03 on Tuesday, hitting $19.49. 712,075 shares of the company's stock were exchanged, compared to its average volume of 193,680. SSE has a 12 month low of $18.60 and a 12 month high of $27.01. The company has a quick ratio of 0.85, a current ratio of 0.92 and a debt-to-equity ratio of 0.64. The business's 50 day simple moving average is $19.67 and its two-hundred day simple moving average is $22.32.

SSE Company Profile

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.