Schroders plc (OTCMKTS:SHNWF) Short Interest Down 26.2% in March

Schroders plc (OTCMKTS:SHNWF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 345,600 shares, a decline of 26.2% from the February 28th total of 468,300 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 265.8 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

SHNWF has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Schroders in a research note on Friday, March 7th. Royal Bank of Canada raised shares of Schroders from a “hold” rating to a “moderate buy” rating in a report on Wednesday, February 5th. Finally, Barclays reiterated an “overweight” rating on shares of Schroders in a research report on Friday, March 7th.

Schroders Price Performance

SHNWF remained flat at $4.64 during trading on Monday. Schroders has a twelve month low of $4.00 and a twelve month high of $5.12. The company’s fifty day moving average price is $4.43 and its 200-day moving average price is $4.35.

Schroders Company Profile

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.