Schneider Electric SE (OTCMKTS:SBGSY) Sees Large Decrease in Short Interest

Schneider Electric SE (OTCMKTS:SBGSYGet Free Report) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 145,086 shares, a decrease of 26.7% from the January 29th total of 197,858 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,446,936 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 1,446,936 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Schneider Electric Price Performance

Shares of SBGSY opened at $65.21 on Monday. Schneider Electric has a fifty-two week low of $39.77 and a fifty-two week high of $65.67. The business has a 50-day moving average of $57.86 and a 200 day moving average of $55.63.

Trending Headlines about Schneider Electric

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Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Evercore started coverage on Schneider Electric in a research report on Monday, December 15th. They issued an “outperform” rating on the stock. Zacks Research upgraded Schneider Electric from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Schneider Electric in a research report on Monday, February 9th. JPMorgan Chase & Co. upgraded shares of Schneider Electric from a “neutral” rating to an “overweight” rating in a report on Thursday, December 4th. Finally, Citigroup reiterated a “buy” rating on shares of Schneider Electric in a research note on Monday, December 15th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Schneider Electric presently has a consensus rating of “Buy”.

View Our Latest Analysis on Schneider Electric

About Schneider Electric

(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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