Short Interest in Centrica plc (OTCMKTS:CPYYY) Grows By 210.2%

Centrica plc (OTCMKTS:CPYYY) saw a significant 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 trading volume of 20,000 shares, the short-interest ratio is presently 0.9 days.

Analyst Upgrades and Downgrades

CPYYY has been the subject of a number of recent research reports. Jefferies Financial Group raised Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, August 29th. The Goldman Sachs Group upgraded shares of Centrica to a “strong-buy” rating in a report on Thursday, July 25th.

Centrica Stock Performance

Centrica stock traded up $0.05 during trading hours on Wednesday, reaching $5.99. 12,006 shares of the stock were exchanged, compared to its average volume of 12,810. The stock has a 50 day moving average of $6.25 and a two-hundred day moving average of $6.68. The company has a current ratio of 1.77, a quick ratio of 1.66 and a debt-to-equity ratio of 0.50. Centrica has a twelve month low of $5.80 and a twelve month high of $8.13.

Centrica Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Investors of record on Friday, October 4th will be given a dividend of $0.0691 per share. The ex-dividend date of this dividend is Friday, October 4th.

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.