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

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

Analyst Upgrades and Downgrades

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

Schneider Electric S.E. Trading Down 0.0 %

Shares of SBGSY stock traded down $0.01 during trading hours on Friday, hitting $50.14. 226,441 shares of the company were exchanged, compared to its average volume of 220,988. Schneider Electric S.E. has a one year low of $37.61 and a one year high of $55.00. The business’s 50-day simple moving average is $51.23 and its two-hundred day simple moving average is $50.24. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21.

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.