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

Schneider Electric S.E. (OTCMKTS:SBGSY) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 448,900 shares, an increase of 1,212.6% from the February 28th total of 34,200 shares. Based on an average daily volume of 2,019,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

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

Schneider Electric S.E. Stock Down 0.7 %

Shares of OTCMKTS:SBGSY opened at $48.43 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. Schneider Electric S.E. has a 52-week low of $43.07 and a 52-week high of $56.98. The company has a fifty day moving average of $50.53 and a 200-day moving average of $51.12.

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.