Short Interest in Schneider Electric S.E. (OTCMKTS:SBGSY) Expands By 38.2%

Schneider Electric S.E. (OTCMKTS:SBGSY) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 154,200 shares, an increase of 38.2% from the August 15th total of 111,600 shares. Based on an average daily volume of 376,400 shares, the days-to-cover ratio is currently 0.4 days.

Schneider Electric S.E. Trading Up 1.1 %

Shares of SBGSY traded up $0.56 during midday trading on Monday, reaching $50.75. 89,182 shares of the company were exchanged, compared to its average volume of 232,953. The stock has a 50-day moving average price of $48.64 and a 200-day moving average price of $47.91. Schneider Electric S.E. has a 1-year low of $29.19 and a 1-year high of $51.77.

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.