Centrica plc (OTCMKTS:CPYYY) Short Interest Update

Centrica plc (OTCMKTS:CPYYY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 7,300 shares, a drop of 21.5% from the February 28th total of 9,300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 21,800 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Centrica from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Centrica presently has a consensus rating of “Buy”.

Centrica Price Performance

Shares of OTCMKTS CPYYY opened at $7.80 on Monday. The firm’s fifty day moving average is $7.28 and its 200 day moving average is $6.70. Centrica has a 52 week low of $5.80 and a 52 week high of $7.89. The company has a quick ratio of 1.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.50.

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.