Schneider Electric S.E. (OTCMKTS:SBGSY) Sees Significant Drop in Short Interest

Schneider Electric S.E. (OTCMKTS:SBGSY) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 7,200 shares, a decrease of 80.6% from the January 31st total of 37,100 shares. Based on an average trading volume of 1,172,300 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Berenberg Bank downgraded shares of Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 5th.

Schneider Electric S.E. Price Performance

SBGSY traded up $0.81 on Thursday, hitting $49.60. 200,808 shares of the company’s stock were exchanged, compared to its average volume of 390,157. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91. The stock has a fifty day moving average of $51.03 and a two-hundred day moving average of $51.13. Schneider Electric S.E. has a twelve month low of $43.07 and a twelve month high of $56.98.

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.