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

Schneider Electric S.E. (OTCMKTS:SBGSY) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 41,400 shares, a decline of 90.8% from the March 15th total of 448,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 944,100 shares, the days-to-cover ratio is currently 0.0 days.

Schneider Electric S.E. Price Performance

OTCMKTS:SBGSY traded down $0.62 during trading hours on Wednesday, reaching $46.37. 255,595 shares of the company traded hands, compared to its average volume of 540,967. 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 firm’s 50-day moving average is $48.34 and its 200-day moving average is $50.38. Schneider Electric S.E. has a 1-year low of $39.77 and a 1-year high of $56.98.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Royal Bank of Canada upgraded Schneider Electric S.E. from a “strong sell” rating to a “moderate buy” rating in a research report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Schneider Electric S.E. to a “strong-buy” rating in a report on Thursday, March 13th.

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.