Schroders (OTCMKTS:SHNWF) Short Interest Update

Schroders (OTCMKTS:SHNWF) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 89,186 shares, a decline of 24.3% from the February 26th total of 117,741 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,129 shares, the days-to-cover ratio is currently 28.5 days.

Analysts Set New Price Targets

SHNWF has been the topic of several recent analyst reports. UBS Group downgraded shares of Schroders from a “buy” rating to a “neutral” rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. Finally, Royal Bank Of Canada lowered shares of Schroders from an “outperform” rating to a “sector perform” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Schroders Stock Performance

Shares of SHNWF stock opened at $7.30 on Monday. Schroders has a twelve month low of $3.50 and a twelve month high of $7.98. The stock has a fifty day simple moving average of $7.11 and a two-hundred day simple moving average of $5.93.

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.