Schneider Electric S.E. (OTCMKTS:SBGSY) Sees Large Drop in Short Interest

Schneider Electric S.E. (OTCMKTS:SBGSY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 49,000 shares, a decline of 36.5% from the November 30th total of 77,200 shares. Based on an average trading volume of 340,200 shares, the short-interest ratio is currently 0.1 days.

Schneider Electric S.E. Stock Down 0.0 %

SBGSY stock opened at $50.14 on Monday. The firm has a 50 day moving average of $51.23 and a two-hundred day moving average of $50.23. Schneider Electric S.E. has a 12 month low of $37.61 and a 12 month high of $55.00. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SBGSY shares. Berenberg Bank lowered Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 5th. Citigroup raised Schneider Electric S.E. to a “hold” rating in a research note on Wednesday, October 2nd.

Schneider Electric S.E. Company Profile

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.