SSE plc (OTCMKTS:SSEZY) Short Interest Update

SSE plc (OTCMKTS:SSEZY) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 3,100 shares, a decline of 61.7% from the October 15th total of 8,100 shares. Based on an average trading volume of 127,600 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

A number of research firms have recently weighed in on SSEZY. Citigroup lowered SSE from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. Barclays raised shares of SSE to a “strong-buy” rating in a report on Monday, September 30th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of SSE in a research report on Wednesday, October 2nd. They issued a “hold” rating for the company.

SSE Trading Down 1.9 %

Shares of SSEZY stock traded down $0.42 during mid-day trading on Wednesday, hitting $21.79. The company had a trading volume of 137,294 shares, compared to its average volume of 69,332. The stock’s 50 day moving average price is $24.80 and its 200-day moving average price is $24.07. SSE has a 52-week low of $19.63 and a 52-week high of $27.01. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.10 and a quick ratio of 1.03.

About SSE

SSE plc engages in the generation, transmission, distribution, and supply of electricity. It generates electricity from water, gas, coal, oil, and multi fuel. The company distributes electricity to approximately 3.8 million homes and businesses across the north of the central belt of Scotland and central southern England; and owns, operates, and develops high voltage electricity transmission system in the north of Scotland and remote islands.