Sse Plc (OTCMKTS:SSEZY) Short Interest Down 79.1% in May

Sse Plc (OTCMKTS:SSEZY) was the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totaling 34,634 shares, a decline of 79.1% from the April 30th total of 165,809 shares. Based on an average trading volume of 329,912 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

SSE Trading Down 1.8%

Shares of SSEZY traded down $0.59 during mid-day trading on Friday, hitting $31.59. 346,808 shares of the company were exchanged, compared to its average volume of 265,423. SSE has a 1-year low of $21.70 and a 1-year high of $37.51. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $34.61 and a 200-day moving average of $32.92.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SSEZY shares. Zacks Research cut SSE from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 2nd. The Goldman Sachs Group restated a “neutral” rating on shares of SSE in a research note on Monday, March 23rd. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.