SSE plc (OTCMKTS:SSEZY) Short Interest Up 197.7% in March

SSE plc (OTCMKTS:SSEZY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 117,300 shares, a growth of 197.7% from the February 28th total of 39,400 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 773,400 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

SSEZY has been the subject of several analyst reports. UBS Group upgraded SSE from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Royal Bank of Canada reaffirmed an "outperform" rating on shares of SSE in a research note on Thursday. Finally, Citigroup raised shares of SSE from a "strong sell" rating to a "hold" rating in a research note on Monday, January 20th. Two research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Buy".

SSE Stock Up 4.1 %

OTCMKTS:SSEZY traded up $0.84 on Monday, hitting $21.18. 201,820 shares of the stock were exchanged, compared to its average volume of 199,790. The stock has a fifty day moving average of $19.72 and a 200-day moving average of $21.59. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 0.92. SSE has a fifty-two week low of $18.60 and a fifty-two week high of $27.01.

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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.