Sse Plc (OTCMKTS:SSEZY) Short Interest Down 72.7% in June

Sse Plc (OTCMKTS:SSEZY) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 52,702 shares, a drop of 72.7% from the June 15th total of 193,308 shares. Based on an average daily volume of 691,273 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

SSEZY has been the topic of several research analyst reports. Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. The Goldman Sachs Group reissued a “neutral” rating on shares of SSE in a research report on Monday, March 23rd. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

SSE Stock Performance

Shares of OTCMKTS:SSEZY traded down $0.03 during trading on Monday, hitting $32.87. 212,896 shares of the company were exchanged, compared to its average volume of 273,674. The stock has a 50 day moving average of $32.46 and a 200 day moving average of $33.57. SSE has a 52-week low of $21.70 and a 52-week high of $37.51. The company has a current ratio of 1.20, a quick ratio of 1.12 and a debt-to-equity ratio of 0.54.

SSE Company Profile

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.