Sse Plc (OTCMKTS:SSEZY) Stock Short Interest Report for October

Sse Plc (OTCMKTS:SSEZY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 155,695 shares, a growth of 275.9% from the September 30th total of 41,418 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 121,144 shares, the short-interest ratio is currently 1.3 days.

Wall Street Analyst Weigh In

SSEZY has been the topic of several research reports. Sanford C. Bernstein initiated coverage on SSE in a research report on Thursday, September 3rd. They set an “outperform” rating on the stock. Oddo Bhf assumed coverage on shares of SSE in a report on Monday, October 5th. They issued an “outperform” rating on the stock. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

SSE Stock Up 0.4%

OTCMKTS:SSEZY opened at $33.28 on Wednesday. The business’s 50-day moving average price is $32.76 and its 200 day moving average price is $33.43. SSE has a 52-week low of $24.64 and a 52-week high of $37.51.

SSE Company Profile

SSE plc is a United Kingdom-based energy infrastructure company headquartered in Perth, Scotland. The company develops, owns and operates assets across the electricity sector, with a particular focus on renewable energy, electricity networks and low-carbon infrastructure.

SSE’s activities include the generation of electricity from renewable sources such as offshore and onshore wind, hydroelectric power and energy-from-waste facilities, as well as the operation of thermal power assets. Through its SSEN businesses, the company also owns and operates electricity transmission and distribution networks serving northern Scotland and other parts of Great Britain.

The company was formed in 1998 through the merger of Scottish Hydro-Electric and Southern Electric.