Sse Plc (OTCMKTS:SSEZY) Short Interest Up 640.1% in June

Sse Plc (OTCMKTS:SSEZY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 193,308 shares, an increase of 640.1% from the May 31st total of 26,118 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 621,581 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Several research analysts have commented on the company. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of SSE in a research report on Monday, March 23rd. Zacks Research upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

SSE Stock Down 0.1%

Shares of SSEZY stock opened at $32.03 on Friday. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $32.92 and its two-hundred day moving average is $33.26. SSE has a twelve month low of $21.70 and a twelve month high of $37.51.

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.