Schneider Electric SE (OTCMKTS:SBGSY) Short Interest Update

Schneider Electric SE (OTCMKTS:SBGSY) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 145,086 shares, a decrease of 26.7% from the January 29th total of 197,858 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,446,936 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 1,446,936 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Schneider Electric Trading Down 5.2%

SBGSY opened at $59.43 on Wednesday. Schneider Electric has a twelve month low of $39.77 and a twelve month high of $65.67. The company has a fifty day moving average of $58.08 and a 200-day moving average of $55.76.

Analysts Set New Price Targets

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

Schneider Electric Company Profile

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.