Schneider Electric S.E. (OTCMKTS:SBGSF) Sees Large Increase in Short Interest

Schneider Electric S.E. (OTCMKTS:SBGSF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 88,300 shares, an increase of 29.7% from the June 30th total of 68,100 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 32.7 days.

Schneider Electric S.E. Stock Performance

Shares of SBGSF traded up $7.17 during mid-day trading on Friday, hitting $240.67. 2,856 shares of the company’s stock were exchanged, compared to its average volume of 1,997. The firm has a fifty day moving average of $247.58 and a two-hundred day moving average of $231.38. Schneider Electric S.E. has a twelve month low of $146.57 and a twelve month high of $262.00.

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.