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

Schneider Electric S.E. (OTCMKTS:SBGSY) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 54,000 shares, an increase of 25.9% from the September 30th total of 42,900 shares. Based on an average daily volume of 259,600 shares, the short-interest ratio is presently 0.2 days.

Schneider Electric S.E. Stock Performance

SBGSY stock traded up $0.35 during midday trading on Wednesday, reaching $52.45. The company’s stock had a trading volume of 185,246 shares, compared to its average volume of 220,718. Schneider Electric S.E. has a 1 year low of $30.42 and a 1 year high of $55.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21. The stock has a fifty day simple moving average of $51.51 and a two-hundred day simple moving average of $49.40.

Analysts Set New Price Targets

Separately, Citigroup upgraded Schneider Electric S.E. to a “hold” rating in a research report 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.