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

Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 42,900 shares, a decline of 30.9% from the September 15th total of 62,100 shares. Based on an average daily trading volume, of 225,600 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, Citigroup raised Schneider Electric S.E. to a "hold" rating in a report on Wednesday, October 2nd.

Schneider Electric S.E. Trading Up 0.8 %

Shares of OTCMKTS SBGSY traded up $0.43 during mid-day trading on Friday, reaching $52.86. The company had a trading volume of 126,163 shares, compared to its average volume of 222,804. Schneider Electric S.E. has a 52-week low of $29.19 and a 52-week high of $55.00. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. The firm has a 50 day simple moving average of $50.17 and a two-hundred day simple moving average of $48.71.

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.