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

by · The Markets Daily

Schneider Electric S.E. (OTCMKTS:SBGSF – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 122,700 shares, a drop of 29.1% from the December 15th total of 173,100 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 87.6 days.

Schneider Electric S.E. Price Performance

Shares of OTCMKTS:SBGSF traded up $3.90 during trading hours on Friday, hitting $266.52. The stock had a trading volume of 491 shares, compared to its average volume of 1,628. Schneider Electric S.E. has a 1-year low of $192.57 and a 1-year high of $279.40. The stock’s fifty day simple moving average is $256.05 and its 200 day simple moving average is $253.78.

About Schneider Electric S.E.

(Get Free Report)

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.

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