Short Interest in Sse Plc (OTCMKTS:SSEZY) Drops By 72.7%
by Mitch Edgeman · The Markets DailySse Plc (OTCMKTS:SSEZY – Get Free Report) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 52,702 shares, a decrease of 72.7% from the June 15th total of 193,308 shares. Based on an average trading volume of 691,273 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analyst Weigh In
Several equities analysts have issued reports on SSEZY shares. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of SSE in a report on Monday, March 23rd. Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Three research 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 MarketBeat, the stock has a consensus rating of “Hold”.
View Our Latest Research Report on SSEZY
SSE Stock Performance
Shares of OTCMKTS SSEZY traded up $0.37 during midday trading on Friday, reaching $32.89. 306,661 shares of the stock were exchanged, compared to its average volume of 257,744. 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 firm has a 50-day simple moving average of $32.46 and a two-hundred day simple moving average of $33.54. 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.