Schneider Electric S.E. (OTCMKTS:SBGSY) Short Interest Update

Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 448,900 shares, an increase of 1,212.6% from the February 28th total of 34,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,019,000 shares, the days-to-cover ratio is presently 0.2 days.

Schneider Electric S.E. Stock Performance

Schneider Electric S.E. stock traded down $1.56 during midday trading on Friday, reaching $46.87. The company's stock had a trading volume of 411,297 shares, compared to its average volume of 524,031. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21. Schneider Electric S.E. has a 52 week low of $43.07 and a 52 week high of $56.98. The business has a 50-day moving average price of $50.40 and a 200-day moving average price of $51.14.

Wall Street Analyst Weigh In

SBGSY has been the subject of a number of recent analyst reports. Royal Bank of Canada raised shares of Schneider Electric S.E. from a "strong sell" rating to a "moderate buy" rating in a report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Schneider Electric S.E. to a "strong-buy" rating in a research report on Thursday, March 13th.

About Schneider Electric S.E.

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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