Centrica plc (OTCMKTS:CPYYY) Short Interest Update

Centrica plc (OTCMKTS:CPYYY) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 5,900 shares, an increase of 210.5% from the September 30th total of 1,900 shares. Based on an average daily volume of 36,200 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CPYYY. The Goldman Sachs Group upgraded shares of Centrica to a “strong-buy” rating in a research report on Thursday, July 25th. Jefferies Financial Group upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research report on Thursday, August 29th. Finally, Berenberg Bank upgraded shares of Centrica from a “hold” rating to a “buy” rating in a research report on Monday, July 1st.

Centrica Stock Performance

Shares of OTCMKTS:CPYYY traded up $0.09 on Friday, reaching $6.37. 6,537 shares of the company were exchanged, compared to its average volume of 12,704. Centrica has a 1-year low of $5.80 and a 1-year high of $8.13. The company has a 50-day moving average of $6.41 and a 200-day moving average of $6.71.

Centrica Cuts Dividend

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