SSE plc (OTCMKTS:SSEZY) Short Interest Down 71.0% in November

SSE plc (OTCMKTS:SSEZY) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 900 shares, a decrease of 71.0% from the October 31st total of 3,100 shares. Based on an average daily volume of 167,000 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SSEZY shares. Barclays upgraded SSE to a “strong-buy” rating in a research note on Monday, September 30th. Citigroup lowered shares of SSE from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of SSE in a research report on Wednesday, October 2nd. They set a “hold” rating for the company.

SSE Trading Up 1.6 %

Shares of OTCMKTS:SSEZY traded up $0.34 on Friday, hitting $22.08. The company’s stock had a trading volume of 79,308 shares, compared to its average volume of 110,762. SSE has a 1 year low of $19.63 and a 1 year high of $27.01. The company has a 50-day simple moving average of $23.69 and a 200 day simple moving average of $24.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.03 and a current ratio of 1.10.

SSE Company Profile

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.