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

Schneider Electric S.E. (OTCMKTS:SBGSY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 448,900 shares, a growth of 1,212.6% from the February 28th total of 34,200 shares. Based on an average daily volume of 2,019,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Schneider Electric S.E. Price Performance

OTCMKTS SBGSY traded down $1.91 during trading hours on Thursday, hitting $48.76. The company’s stock had a trading volume of 374,659 shares, compared to its average volume of 531,059. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91. The company’s 50 day simple moving average is $50.60 and its two-hundred day simple moving average is $51.14. Schneider Electric S.E. has a 12 month low of $43.07 and a 12 month high of $56.98.

Analysts Set New Price Targets

Several research analysts have issued reports on SBGSY shares. The Goldman Sachs Group raised shares of Schneider Electric S.E. to a “strong-buy” rating in a report on Thursday, March 13th. Royal Bank of Canada raised Schneider Electric S.E. from a “strong sell” rating to a “moderate buy” rating in a research report on Wednesday, March 19th.

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.