Schneider Electric S.E. (OTCMKTS:SBGSF) Sees Large Increase in Short Interest

Schneider Electric S.E. (OTCMKTS:SBGSF) saw a large growth in short interest in July. As of July 15th, there was short interest totalling 88,300 shares, a growth 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 currently 32.7 days.

Schneider Electric S.E. Trading Up 3.1 %

SBGSF traded up $7.17 on Friday, reaching $240.67. 2,856 shares of the company traded hands, compared to its average volume of 1,997. Schneider Electric S.E. has a one year low of $146.57 and a one year high of $262.00. The firm has a fifty day simple moving average of $247.58 and a two-hundred day simple moving average of $231.38.

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.