Centrica plc (OTCMKTS:CPYYY) Short Interest Up 210.5% in October

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

Centrica Stock Performance

Centrica stock opened at $6.37 on Monday. The firm’s 50-day moving average is $6.41 and its 200-day moving average is $6.71. Centrica has a 1 year low of $5.80 and a 1 year high of $8.13.

Centrica Cuts Dividend

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

Analysts Set New Price Targets

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

Centrica Company Profile

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.