Centrica plc (OTCMKTS:CPYYY) Short Interest Update

Centrica plc (OTCMKTS:CPYYY) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 3,400 shares, a growth of 78.9% from the June 15th total of 1,900 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is currently 0.2 days.

Centrica Stock Down 1.1 %

Shares of OTCMKTS:CPYYY traded down $0.08 during midday trading on Friday, reaching $7.27. The company’s stock had a trading volume of 7,265 shares, compared to its average volume of 6,322. Centrica has a fifty-two week low of $6.19 and a fifty-two week high of $8.61. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.35 and a current ratio of 1.44. The business’s fifty day simple moving average is $7.06 and its 200-day simple moving average is $6.93.

Centrica Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 22nd. Stockholders of record on Friday, May 31st will be paid a $0.1189 dividend. The ex-dividend date is Friday, May 31st. This is a positive change from Centrica’s previous dividend of $0.06.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. UBS Group upgraded Centrica to a “strong-buy” rating in a report on Wednesday, June 26th. Berenberg Bank raised Centrica from a “hold” rating to a “buy” rating in a research report on Monday, July 1st.

About Centrica

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Scandinavia, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Centrica Energy, and Upstream segments.