Centrica plc (OTCMKTS:CPYYY) Short Interest Up 210.2% in October

Centrica plc (OTCMKTS:CPYYY) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 18,300 shares, a growth of 210.2% from the October 15th total of 5,900 shares. Based on an average daily trading volume, of 20,000 shares, the short-interest ratio is presently 0.9 days.

Centrica Price Performance

Centrica stock traded up $0.05 during trading on Wednesday, hitting $5.99. The stock had a trading volume of 12,006 shares, compared to its average volume of 12,810. The stock’s 50 day moving average is $6.25 and its two-hundred day moving average is $6.68. Centrica has a 1 year low of $5.80 and a 1 year high of $8.13. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.77 and a quick ratio of 1.66.

Centrica Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, November 25th. Shareholders of record on Friday, October 4th will be issued a dividend of $0.0691 per share. The ex-dividend date is Friday, October 4th.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on CPYYY shares. The Goldman Sachs Group raised Centrica to a “strong-buy” rating in a research report on Thursday, July 25th. Jefferies Financial Group upgraded shares of Centrica from a “hold” rating to a “buy” rating in a report on Thursday, August 29th.

Centrica Company Profile

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.