Sse Plc (OTCMKTS:SSEZY) Short Interest Down 93.3% in July

Sse Plc (OTCMKTS:SSEZY) saw a large drop in short interest during 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 trading volume, of 861,959 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

SSE Price Performance

SSEZY traded up $0.23 on Tuesday, hitting $32.35. 59,405 shares of the company’s stock were exchanged, compared to its average volume of 280,206. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 1.12. The stock has a fifty day moving average of $32.18 and a two-hundred day moving average of $33.83. SSE has a twelve month low of $21.70 and a twelve month high of $37.51.

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.