SSE plc (OTCMKTS:SSEZY) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 9,600 shares, a decline of 76.6% from the August 15th total of 41,000 shares. Based on an average daily trading volume, of 41,000 shares, the days-to-cover ratio is presently 0.2 days.
OTCMKTS:SSEZY traded down $0.01 during trading hours on Wednesday, hitting $22.90. 28,291 shares of the company were exchanged, compared to its average volume of 50,012. The stock has a market capitalization of $23.89 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 5.20 and a beta of 0.62. The company has a current ratio of 1.29, a quick ratio of 1.22 and a debt-to-equity ratio of 1.27. SSE has a one year low of $14.75 and a one year high of $23.54. The company has a fifty day simple moving average of $21.77 and a 200 day simple moving average of $21.07.
The business also recently announced a dividend, which will be paid on Thursday, September 30th. Investors of record on Friday, July 30th will be given a dividend of $1.0679 per share. This represents a yield of 5.12%. The ex-dividend date is Thursday, July 29th. SSE’s dividend payout ratio is currently 142.06%.
SSE Plc engages in the generation, transmission, distribution, and supply of electricity. It operates through the following segments: Networks, Retail, and Wholesale. The Networks segment includes electricity distribution, electricity transmission, and gas distribution. The Retail segment comprises the business energy, airtricity, and enterprise.
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