SSE plc (OTCMKTS:SSEZY) Short Interest Update

SSE plc (OTCMKTS:SSEZY) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 182,100 shares, an increase of 53.8% from the May 31st total of 118,400 shares. Based on an average daily trading volume, of 102,400 shares, the short-interest ratio is currently 1.8 days.

SSE Stock Performance

Shares of SSEZY stock traded up $0.02 on Friday, reaching $22.99. 43,430 shares of the stock were exchanged, compared to its average volume of 44,574. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 0.68. The firm has a 50 day moving average of $22.72 and a two-hundred day moving average of $22.09. SSE has a 1-year low of $18.08 and a 1-year high of $24.83.

SSE Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, July 26th will be issued a dividend of $0.4684 per share. This is an increase from SSE’s previous dividend of $0.23. The ex-dividend date of this dividend is Friday, July 26th.

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.