Schroders plc (OTCMKTS:SHNWF – Get Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 523,500 shares, a decrease of 31.1% from the December 15th total of 759,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 5,235.0 days.
Schroders Stock Performance
SHNWF stock remained flat at $4.01 during trading on Friday. Schroders has a 12-month low of $4.00 and a 12-month high of $5.18. The business’s 50 day simple moving average is $4.23 and its 200 day simple moving average is $4.52.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded shares of Schroders to a “hold” rating in a research report on Thursday, October 10th.
About Schroders
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.
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