SSE plc (OTCMKTS:SSEZY) Short Interest Update

SSE plc (OTCMKTS:SSEZY - Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 33,000 shares, an increase of 16,400.0% from the November 30th total of 200 shares. Based on an average daily trading volume, of 173,300 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SSEZY. Deutsche Bank Aktiengesellschaft began coverage on SSE in a research note on Wednesday, October 2nd. They issued a "hold" rating on the stock. Citigroup cut shares of SSE from a "hold" rating to a "strong sell" rating in a research report on Friday, October 25th. Finally, Barclays raised shares of SSE to a "strong-buy" rating in a research report on Monday, September 30th.

SSE Trading Up 0.3 %

Shares of OTCMKTS SSEZY traded up $0.07 during mid-day trading on Thursday, reaching $20.13. The company's stock had a trading volume of 145,195 shares, compared to its average volume of 92,780. The stock has a 50-day moving average of $22.09 and a two-hundred day moving average of $23.75. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.10 and a quick ratio of 1.03. SSE has a 1-year low of $18.76 and a 1-year high of $27.01.

SSE Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.2658 per share. The ex-dividend date of this dividend is Friday, January 3rd.

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.