Sse Plc (OTCMKTS:SSEZY) Short Interest Update

Sse Plc (OTCMKTS:SSEZY) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 67,871 shares, a growth of 94.3% from the August 31st total of 34,938 shares. Based on an average daily volume of 481,657 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

SSE Trading Down 0.6%

Shares of OTCMKTS:SSEZY opened at $32.59 on Tuesday. SSE has a 52-week low of $22.91 and a 52-week high of $37.51. The stock has a 50 day moving average price of $32.31 and a 200-day moving average price of $33.25. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.20 and a quick ratio of 1.12.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Sanford C. Bernstein assumed coverage on SSE in a report on Thursday, September 3rd. They set an “outperform” rating on the stock. Zacks Research raised SSE from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Four 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 MarketBeat.com, the company currently has an average rating of “Hold”.

SSE Company Profile

SSE plc is a UK-based energy company involved in the generation, transmission, distribution and supply of electricity. The company’s activities include renewable energy, electricity networks and flexible thermal generation, supported by energy trading and other related services.

SSE develops and operates renewable power assets, including offshore and onshore wind farms and hydroelectric facilities. It also owns and manages electricity transmission and distribution networks in parts of Great Britain, helping connect power producers with homes and businesses.

Founded in 1998 through the merger of Scottish Hydro-Electric and Southern Electric, SSE is headquartered in Perth, Scotland.