Centrica PLC (OTCMKTS:CPYYY) Short Interest Up 574.4% in April

Centrica PLC (OTCMKTS:CPYYY) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 65,389 shares, an increase of 574.4% from the April 15th total of 9,696 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 74,019 shares, the short-interest ratio is currently 0.9 days.

Centrica Stock Performance

CPYYY traded down $0.23 during mid-day trading on Wednesday, reaching $11.03. The stock had a trading volume of 62,799 shares, compared to its average volume of 65,590. The company has a quick ratio of 1.41, a current ratio of 1.45 and a debt-to-equity ratio of 0.75. The firm’s fifty day simple moving average is $11.31 and its two-hundred day simple moving average is $10.21. Centrica has a 52 week low of $7.50 and a 52 week high of $12.15.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Royal Bank Of Canada restated an “outperform” rating on shares of Centrica in a research report on Wednesday, February 25th. Jefferies Financial Group lowered Centrica from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Citigroup upgraded Centrica from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 11th. The Goldman Sachs Group restated a “buy” rating on shares of Centrica in a research report on Wednesday, February 25th. Finally, Kepler Capital Markets upgraded Centrica from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

About Centrica

Centrica plc is a British multinational energy and services company headquartered in Windsor, England. The company operates across energy supply, services and solutions, delivering gas and electricity to residential, commercial and industrial customers. In addition to commodity supply, Centrica offers a range of services such as boiler installation and maintenance, smart home technology, and energy efficiency solutions through its field-based engineering teams.

Established in 1997 following the demerger of British Gas, Centrica has evolved through strategic acquisitions and divestments to focus on core markets and capabilities.