Short Interest in SSE plc (OTCMKTS:SSEZY) Rises By 30.0%

SSE plc (OTCMKTS:SSEZY) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 217,800 shares, an increase of 30.0% from the August 31st total of 167,500 shares. Based on an average trading volume of 61,000 shares, the short-interest ratio is currently 3.6 days.

SSE Trading Up 0.4 %

Shares of SSEZY traded up $0.10 during mid-day trading on Friday, hitting $26.58. The company had a trading volume of 52,577 shares, compared to its average volume of 107,623. SSE has a 1-year low of $18.08 and a 1-year high of $27.01. The business’s 50-day simple moving average is $25.21 and its 200-day simple moving average is $23.31. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.10 and a quick ratio of 1.03.

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.