Centrica PLC (OTCMKTS:CPYYY) Short Interest Update

Centrica PLC (OTCMKTS:CPYYY) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 7,814 shares, an increase of 1,531.3% from the July 30th total of 479 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 127,534 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Kepler Capital Markets raised Centrica from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. HSBC upgraded Centrica from a “hold” rating to a “buy” rating in a research note on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy”.

Centrica Trading Down 2.5%

Shares of OTCMKTS CPYYY opened at $8.46 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.43 and a quick ratio of 1.37. The firm’s 50-day moving average price is $8.91 and its two-hundred day moving average price is $10.24. Centrica has a 52-week low of $8.19 and a 52-week high of $12.15.

About Centrica

Centrica plc is a British multinational energy and services company headquartered in Windsor, England. The company operates across energy supply, services and solutions, delivering gas and electricity to residential, commercial and industrial customers. In addition to commodity supply, Centrica offers a range of services such as boiler installation and maintenance, smart home technology, and energy efficiency solutions through its field-based engineering teams.

Established in 1997 following the demerger of British Gas, Centrica has evolved through strategic acquisitions and divestments to focus on core markets and capabilities.