Sse Plc (OTCMKTS:SSEZY) Short Interest Update

Sse Plc (OTCMKTS:SSEZY) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 5,791 shares, a drop of 93.3% from the July 15th total of 86,423 shares. Based on an average daily volume of 861,959 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

SSE Trading Up 1.0%

Shares of SSEZY opened at $32.67 on Thursday. The company has a quick ratio of 1.12, a current ratio of 1.20 and a debt-to-equity ratio of 0.54. The firm’s 50 day moving average is $32.23 and its 200-day moving average is $33.84. SSE has a 12-month low of $21.70 and a 12-month high of $37.51.

Analysts Set New Price Targets

Separately, Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About SSE

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.