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HomeMarketResultsSSE plc (OTCMKTS:SSEZY) Sees Significant Increase in Short Interest

SSE plc (OTCMKTS:SSEZY) Sees Significant Increase in Short Interest


SSE plc (OTCMKTS:SSEZYGet Rating) noticed a big development in brief curiosity in December. As of December fifteenth, there was brief curiosity totalling 8,300 shares, a development of 45.6% from the November thirtieth whole of 5,700 shares. Based mostly on a median buying and selling quantity of 117,000 shares, the days-to-cover ratio is presently 0.1 days.

SSE Buying and selling Down 1.0 %

SSEZY traded down $0.20 throughout buying and selling on Friday, reaching $20.57. 37,420 shares of the corporate traded arms, in comparison with its common quantity of 52,637. The corporate has a present ratio of 1.49, a fast ratio of 1.43 and a debt-to-equity ratio of 0.86. SSE has a 12-month low of $15.70 and a 12-month excessive of $24.18. The agency has a fifty day easy transferring common of $19.77 and a 200 day easy transferring common of $19.78.

SSE Cuts Dividend

The corporate additionally not too long ago introduced a dividend, which will likely be paid on Thursday, March sixteenth. Stockholders of report on Friday, January thirteenth will likely be given a dividend of $0.3246 per share. The ex-dividend date is Thursday, January twelfth. This represents a dividend yield of 4.69%.

Wall Road Analyst Weigh In

SSEZY has been the topic of a number of analyst experiences. Citigroup elevated their goal worth on shares of SSE from GBX 1,486 ($17.93) to GBX 1,664 ($20.08) in a report on Friday, November 18th. Royal Financial institution of Canada raised shares of SSE from a “sector carry out” score to an “outperform” score in a report on Tuesday, November twenty second. Lastly, JPMorgan Chase & Co. raised shares of SSE from a “impartial” score to an “chubby” score in a report on Tuesday, September twentieth. Two equities analysis analysts have rated the inventory with a maintain score and three have assigned a purchase score to the corporate’s inventory. In accordance with information from MarketBeat, the inventory at the moment has a consensus score of “Average Purchase” and a median goal worth of $1,988.00.

About SSE

(Get Rating)

SSE plc engages within the era, transmission, distribution, and provide of electrical energy. It generates electrical energy from water, fuel, coal, oil, and multi gasoline. The corporate distributes electrical energy to roughly 3.8 million properties and companies throughout the north of the central belt of Scotland and central southern England; and owns, operates, and develops excessive voltage electrical energy transmission system within the north of Scotland and distant islands.

Featured Tales

This instantaneous information alert was generated by narrative science know-how and monetary information from MarketBeat so as to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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