Short Interest in SSE plc (OTCMKTS:SSEZY) Grows By 67.1%

SSE plc (OTCMKTS:SSEZY - Get Free Report) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 116,500 shares, a growth of 67.1% from the January 15th total of 69,700 shares. Based on an average daily trading volume, of 339,000 shares, the short-interest ratio is presently 0.3 days.

SSE Stock Up 0.3 %

Shares of SSE stock traded up $0.05 during trading on Friday, reaching $19.18. The company's stock had a trading volume of 73,961 shares, compared to its average volume of 161,396. The company has a current ratio of 0.92, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The business's fifty day moving average price is $20.01 and its 200-day moving average price is $22.74. SSE has a one year low of $18.76 and a one year high of $27.01.

SSE Cuts Dividend

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

Wall Street Analyst Weigh In

SSEZY has been the subject of a number of analyst reports. Citigroup raised 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 report on Thursday, January 9th.

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.