Short Interest in Schroders (OTCMKTS:SHNWF) Rises By 90.4%

Schroders (OTCMKTS:SHNWF) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 218,705 shares, a growth of 90.4% from the January 29th total of 114,884 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,511 shares, the short-interest ratio is currently 62.3 days. Based on an average trading volume of 3,511 shares, the short-interest ratio is currently 62.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. UBS Group downgraded Schroders from a “buy” rating to a “neutral” rating in a research note on Thursday, February 19th. Royal Bank Of Canada cut Schroders from an “outperform” rating to a “sector perform” rating in a research note on Friday, February 13th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Schroders in a research note on Monday, November 24th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Schroders Stock Performance

OTCMKTS SHNWF opened at $7.88 on Friday. Schroders has a 1 year low of $3.50 and a 1 year high of $7.98. The stock’s 50-day moving average price is $6.28 and its two-hundred day moving average price is $5.60.

Schroders Company Profile

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.