Sse Plc (OTCMKTS:SSEZY) Short Interest Down 25.3% in December

Sse Plc (OTCMKTS:SSEZY) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 737,684 shares, a drop of 25.3% from the November 30th total of 987,375 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,489,701 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 1,489,701 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

SSE Stock Up 0.4%

Shares of OTCMKTS SSEZY opened at $29.52 on Tuesday. SSE has a one year low of $18.60 and a one year high of $30.58. The business has a fifty day simple moving average of $28.03 and a 200 day simple moving average of $25.65. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.89 and a current ratio of 0.97.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SSEZY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of SSE in a research report on Friday, November 14th. Citigroup cut SSE from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SSE in a research report on Friday, November 14th. UBS Group cut shares of SSE from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Finally, Zacks Research upgraded shares of SSE from a “strong sell” rating to a “hold” rating in a research report on Friday, December 19th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

About SSE

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.