Schneider Electric S.E. (OTCMKTS:SBGSF) Short Interest Up 29.7% in July

Schneider Electric S.E. (OTCMKTS:SBGSF) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 88,300 shares, an increase of 29.7% from the June 30th total of 68,100 shares. Based on an average daily trading volume, of 2,700 shares, the days-to-cover ratio is presently 32.7 days.

Schneider Electric S.E. Price Performance

Shares of OTCMKTS:SBGSF traded up $7.17 on Monday, reaching $240.67. 2,800 shares of the company traded hands, compared to its average volume of 1,997. The company’s 50 day moving average is $247.58 and its 200-day moving average is $231.38. Schneider Electric S.E. has a fifty-two week low of $146.57 and a fifty-two week high of $262.00.

About Schneider Electric S.E.

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.