Centrica plc (OTCMKTS:CPYYY) Short Interest Update

Centrica plc (OTCMKTS:CPYYY) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 3,400 shares, a growth of 78.9% from the June 15th total of 1,900 shares. Based on an average trading volume of 18,700 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CPYYY. Berenberg Bank upgraded Centrica from a “hold” rating to a “buy” rating in a report on Monday, July 1st. UBS Group upgraded shares of Centrica to a “strong-buy” rating in a research report on Wednesday, June 26th.

Centrica Stock Down 1.1 %

Shares of Centrica stock traded down $0.08 during trading on Friday, hitting $7.27. 7,146 shares of the stock traded hands, compared to its average volume of 14,203. The company has a fifty day moving average price of $7.04 and a two-hundred day moving average price of $6.93. Centrica has a twelve month low of $6.19 and a twelve month high of $8.61. The company has a quick ratio of 1.35, a current ratio of 1.44 and a debt-to-equity ratio of 0.73.

Centrica Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 22nd. Shareholders of record on Friday, May 31st will be paid a $0.1189 dividend. The ex-dividend date of this dividend is Friday, May 31st. This is a boost from Centrica’s previous dividend of $0.06.

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.