Short Interest in Schneider Electric S.E. (OTCMKTS:SBGSY) Declines By 15.3%

Schneider Electric S.E. (OTCMKTS:SBGSY) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 41,500 shares, a decline of 15.3% from the December 15th total of 49,000 shares. Based on an average daily trading volume, of 356,300 shares, the short-interest ratio is currently 0.1 days.

Schneider Electric S.E. Stock Performance

Shares of Schneider Electric S.E. stock traded up $0.91 on Friday, hitting $53.11. 113,886 shares of the company were exchanged, compared to its average volume of 167,976. The company has a 50-day moving average price of $50.95 and a 200 day moving average price of $50.48. Schneider Electric S.E. has a 1-year low of $38.49 and a 1-year high of $55.00. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Berenberg Bank lowered Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 5th. Citigroup upgraded Schneider Electric S.E. to a “hold” rating in a research note on Wednesday, October 2nd.

Schneider Electric S.E. Company Profile

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.