Centrica PLC (OTCMKTS:CPYYY) Shares Shorted: Short Interest Down 41.7% in September

Centrica PLC (OTCMKTS:CPYYY) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 91,471 shares, a decline of 41.7% from the September 15th total of 157,016 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 281,527 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Kepler Capital Markets raised Centrica from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. HSBC raised Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Centrica Stock Up 1.8%

Centrica stock traded up $0.14 during midday trading on Friday, reaching $8.04. The stock had a trading volume of 61,063 shares, compared to its average volume of 161,065. The company has a fifty day moving average price of $8.24 and a two-hundred day moving average price of $9.54. Centrica has a 12 month low of $7.72 and a 12 month high of $12.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.37 and a current ratio of 1.43.

Centrica Company Profile

Centrica plc is a United Kingdom-based energy and home-services company best known for operating British Gas. The company supplies gas and electricity to residential and business customers and provides installation, maintenance, repair and support services for heating, plumbing, electrical systems and other home-energy equipment.

Through British Gas and related operations, Centrica also offers smart-home products and energy-management services, including technologies designed to help customers monitor and manage their energy use.