Short Interest in Centrica plc (OTCMKTS:CPYYY) Declines By 21.5%

Centrica plc (OTCMKTS:CPYYY) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 7,300 shares, a decline of 21.5% from the February 28th total of 9,300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is presently 0.3 days.

Centrica Trading Down 1.5 %

OTCMKTS:CPYYY opened at $7.68 on Tuesday. The company has a quick ratio of 1.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.50. The stock’s fifty day moving average price is $7.30 and its two-hundred day moving average price is $6.71. Centrica has a 52-week low of $5.80 and a 52-week high of $7.89.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Centrica from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Centrica presently has an average rating of “Buy”.

Centrica Company Profile

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.