Short Interest in Schneider Electric SE (OTCMKTS:SBGSY) Increases By 235.9%

Schneider Electric SE (OTCMKTS:SBGSYGet Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 367,928 shares, an increase of 235.9% from the April 15th total of 109,550 shares. Based on an average daily trading volume, of 741,116 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Several research firms recently weighed in on SBGSY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Schneider Electric in a report on Monday, February 9th. Barclays upgraded shares of Schneider Electric from an “equal weight” rating to an “overweight” rating in a report on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Schneider Electric has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on Schneider Electric

Schneider Electric Price Performance

Schneider Electric stock traded down $0.26 during mid-day trading on Thursday, reaching $63.04. The stock had a trading volume of 87,590 shares, compared to its average volume of 461,166. The company has a 50-day moving average price of $59.88 and a two-hundred day moving average price of $57.73. Schneider Electric has a one year low of $47.81 and a one year high of $67.00. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19.

Schneider Electric Company Profile

(Get Free Report)

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.

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