Schroders plc (OTCMKTS:SHNWF - Get Free Report) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 297,800 shares, a decline of 88.2% from the March 31st total of 2,530,600 shares. Based on an average daily volume of 5,800 shares, the days-to-cover ratio is currently 51.3 days. Approximately 0.0% of the company's shares are short sold.
Analyst Ratings Changes
SHNWF has been the topic of a number of recent analyst reports. Barclays reaffirmed an "overweight" rating on shares of Schroders in a research note on Friday, March 7th. Royal Bank of Canada raised Schroders from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, February 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Schroders in a research report on Friday, March 7th.
Check Out Our Latest Stock Report on Schroders
Schroders Stock Performance
SHNWF remained flat at $3.50 during trading on Friday. Schroders has a 1 year low of $3.50 and a 1 year high of $5.12. The company's 50 day moving average is $4.31 and its 200 day moving average is $4.28.
About Schroders
(
Get Free Report)
Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.
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