Schindler Holding AG (OTCMKTS:SHLAF) Short Interest Update

Schindler Holding AG (OTCMKTS:SHLAFGet Rating) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totalling 142,600 shares, a growth of 24.4% from the April 15th total of 114,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,426.0 days.

SHLAF traded up $1.05 during trading on Tuesday, reaching $181.80. The company had a trading volume of 268 shares, compared to its average volume of 108. Schindler has a 12 month low of $179.65 and a 12 month high of $329.00. The business’s fifty day moving average price is $204.71 and its 200 day moving average price is $238.77.

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of Schindler from CHF 260 to CHF 250 and set a “neutral” rating for the company in a report on Tuesday, March 29th. Credit Suisse Group reduced their price target on shares of Schindler from CHF 305 to CHF 280 in a research report on Friday, February 18th. The Goldman Sachs Group upgraded shares of Schindler from a “neutral” rating to a “buy” rating and set a $234.00 target price for the company in a research report on Friday, March 25th. Morgan Stanley cut their target price on shares of Schindler from CHF 256 to CHF 245 and set an “overweight” rating for the company in a research report on Monday, April 25th. Finally, UBS Group dropped their price target on shares of Schindler from CHF 320 to CHF 300 and set a “buy” rating on the stock in a research note on Tuesday, February 22nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $257.38.

About Schindler (Get Rating)

Schindler Holding AG engages in the production, installation, maintenance, and modernization of passenger and freight elevators, escalators, and moving walks worldwide. It also offers digital media services for engaging communication channels, such as Schindler Ahead DoorShow, which displays information, advertising, and announcements on the elevator doors; Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; and Schindler Ahead AdScreen, an advertising and communication space.

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