Schroders (OTCMKTS:SHNWF) Short Interest Update

Schroders (OTCMKTS:SHNWF) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 27,179 shares, a drop of 68.5% from the April 15th total of 86,257 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days. Currently, 0.0% of the shares of the stock are sold short.

Schroders Stock Performance

Shares of Schroders stock opened at $7.30 on Friday. The business has a 50-day moving average of $7.42 and a 200 day moving average of $6.40. Schroders has a 12 month low of $3.50 and a 12 month high of $7.98.

Wall Street Analyst Weigh In

Several research firms recently commented on SHNWF. Citigroup downgraded Schroders from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada downgraded Schroders from an “outperform” rating to a “sector perform” rating in a research note on Friday, February 13th. Finally, UBS Group downgraded Schroders from a “buy” rating to a “neutral” rating in a research note on Thursday, February 19th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

About Schroders

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.