Schneider Electric SE (OTCMKTS:SBGSY) Short Interest Update

Schneider Electric SE (OTCMKTS:SBGSYGet Free Report) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 145,086 shares, a decline of 26.7% from the January 29th total of 197,858 shares. Based on an average daily trading volume, of 1,446,936 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,446,936 shares, the short-interest ratio is presently 0.1 days.

Schneider Electric Stock Performance

Shares of OTCMKTS SBGSY opened at $65.21 on Monday. The stock’s 50-day simple moving average is $57.86 and its two-hundred day simple moving average is $55.63. Schneider Electric has a twelve month low of $39.77 and a twelve month high of $65.67.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SBGSY shares. Citigroup reaffirmed a “buy” rating on shares of Schneider Electric in a report on Monday, December 15th. JPMorgan Chase & Co. upgraded Schneider Electric from a “neutral” rating to an “overweight” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Schneider Electric in a report on Monday, February 9th. Evercore initiated coverage on shares of Schneider Electric in a report on Monday, December 15th. They issued an “outperform” rating on the stock. Finally, Zacks Research upgraded shares of Schneider Electric from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Schneider Electric has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on Schneider Electric

Key Headlines Impacting Schneider Electric

Here are the key news stories impacting Schneider Electric this week:

Schneider Electric Company Profile

(Get Free Report)

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.

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