Centrica plc (OTCMKTS:CPYYY) Short Interest Up 94.1% in July

Centrica plc (OTCMKTS:CPYYY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 6,600 shares, a growth of 94.1% from the June 30th total of 3,400 shares. Based on an average trading volume of 10,900 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CPYYY. UBS Group upgraded shares of Centrica to a “strong-buy” rating in a research note on Wednesday, June 26th. Berenberg Bank upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research note on Monday, July 1st.

Centrica Price Performance

OTCMKTS:CPYYY traded up $0.05 during midday trading on Friday, reaching $6.76. 6,668 shares of the stock traded hands, compared to its average volume of 13,796. Centrica has a 12-month low of $6.19 and a 12-month high of $8.61. The business has a 50-day moving average of $7.11 and a two-hundred day moving average of $6.91. The company has a current ratio of 1.44, a quick ratio of 1.35 and a debt-to-equity ratio of 0.73.

Centrica Increases Dividend

The business also recently declared a dividend, which was paid on Monday, July 22nd. Shareholders of record on Friday, May 31st were issued a $0.1189 dividend. The ex-dividend date was Friday, May 31st. This is a boost from Centrica’s previous dividend of $0.06.

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.