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

Schneider Electric S.E. (OTCMKTS:SBGSYGet Free Report) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 77,200 shares, an increase of 70.4% from the November 15th total of 45,300 shares. Based on an average daily trading volume, of 478,200 shares, the short-interest ratio is presently 0.2 days.

Schneider Electric S.E. Stock Up 0.4 %

Shares of Schneider Electric S.E. stock traded up $0.22 during midday trading on Friday, reaching $51.31. The company had a trading volume of 159,492 shares, compared to its average volume of 222,175. The stock has a fifty day moving average price of $51.69 and a 200 day moving average price of $50.16. Schneider Electric S.E. has a fifty-two week low of $37.61 and a fifty-two week 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.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on SBGSY

Schneider Electric S.E. Company Profile

(Get Free Report)

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.

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