Short Interest in Schroders plc (OTCMKTS:SHNWF) Declines By 31.1%

Schroders plc (OTCMKTS:SHNWF) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 523,500 shares, a decrease of 31.1% from the December 15th total of 759,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 5,235.0 days.

Analyst Ratings Changes

Separately, Citigroup raised shares of Schroders to a “hold” rating in a research note on Thursday, October 10th.

Schroders Price Performance

Shares of OTCMKTS:SHNWF remained flat at $4.01 during mid-day trading on Friday. The business’s 50 day moving average price is $4.23 and its 200-day moving average price is $4.52. Schroders has a 12-month low of $4.00 and a 12-month high of $5.18.

Schroders Company Profile

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.