Short Interest in SSE plc (OTCMKTS:SSEZY) Increases By 30.0%

by · The Cerbat Gem

SSE plc (OTCMKTS:SSEZY – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 217,800 shares, an increase of 30.0% from the August 31st total of 167,500 shares. Based on an average trading volume of 61,000 shares, the days-to-cover ratio is currently 3.6 days.

SSE Price Performance

Shares of SSE stock traded down $0.64 during midday trading on Friday, hitting $25.94. The company’s stock had a trading volume of 18,670 shares, compared to its average volume of 88,137. SSE has a 1-year low of $18.08 and a 1-year high of $27.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.03 and a current ratio of 1.10. The stock has a 50-day simple moving average of $25.25 and a 200-day simple moving average of $23.36.

SSE Company Profile

(Get Free Report)

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.

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