Schneider Electric S.E. (OTCMKTS:SBGSY) Sees Large Drop in Short Interest

Schneider Electric S.E. (OTCMKTS:SBGSY) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 7,200 shares, a decrease of 80.6% from the January 31st total of 37,100 shares. Based on an average daily volume of 1,172,300 shares, the short-interest ratio is presently 0.0 days.

Schneider Electric S.E. Price Performance

Shares of SBGSY stock traded down $0.37 during trading on Friday, hitting $48.25. The company had a trading volume of 353,739 shares, compared to its average volume of 384,334. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The stock’s 50-day moving average is $50.97 and its two-hundred day moving average is $51.12. Schneider Electric S.E. has a 52 week low of $43.07 and a 52 week high of $56.98.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut shares of Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 5th.

About Schneider Electric S.E.

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.