Short Interest in Schroders plc (OTCMKTS:SHNWF) Decreases By 26.2%

Schroders plc (OTCMKTS:SHNWF - Get Free Report) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 345,600 shares, a drop of 26.2% from the February 28th total of 468,300 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 265.8 days. Approximately 0.0% of the company's stock are sold short.

Analyst Upgrades and Downgrades

Several research firms recently commented on SHNWF. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Schroders in a report on Friday, March 7th. Barclays restated an "overweight" rating on shares of Schroders in a research note on Friday, March 7th. Finally, Royal Bank of Canada raised shares of Schroders from a "hold" rating to a "moderate buy" rating in a report on Wednesday, February 5th.

Schroders Stock Performance

OTCMKTS SHNWF remained flat at $4.64 during trading hours on Thursday. Schroders has a fifty-two week low of $4.00 and a fifty-two week high of $5.12. The stock's fifty day simple moving average is $4.47 and its 200 day simple moving average is $4.36.

Schroders Company Profile

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.