Schroders plc (OTCMKTS:SHNWF - Get Free Report) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totalling 523,500 shares, a decline of 31.1% from the December 15th total of 759,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 5,235.0 days.
Analysts Set New Price Targets
Separately, Citigroup raised shares of Schroders to a "hold" rating in a report on Thursday, October 10th.
Read Our Latest Stock Analysis on SHNWF
Schroders Stock Down 4.5 %
Shares of SHNWF traded down $0.19 during mid-day trading on Wednesday, hitting $4.01. The company's stock had a trading volume of 260 shares, compared to its average volume of 630. Schroders has a 1-year low of $4.00 and a 1-year high of $5.18. The firm has a 50-day simple moving average of $4.24 and a 200 day simple moving average of $4.52.
Schroders Company Profile
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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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