Centrica plc (OTCMKTS:CPYYY) Short Interest Down 63.5% in May

Centrica plc (OTCMKTS:CPYYY - Get Free Report) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 20,500 shares, a decline of 63.5% from the May 15th total of 56,200 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

A number of research firms recently weighed in on CPYYY. Kepler Capital Markets cut shares of Centrica from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th. Barclays cut shares of Centrica from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy".

Centrica Trading Up 1.4%

CPYYY stock traded up $0.13 during mid-day trading on Friday, reaching $9.20. The company had a trading volume of 3,520 shares, compared to its average volume of 9,949. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.77 and a quick ratio of 1.66. The firm has a 50 day moving average of $8.23 and a 200 day moving average of $7.45. Centrica has a 12 month low of $5.80 and a 12 month high of $9.20.

Centrica Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, May 5th will be given a $0.1402 dividend. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, May 2nd. This is a boost from Centrica's previous dividend of $0.07.

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.