Short Interest in Schroders (OTCMKTS:SHNWF) Decreases By 24.3%

Schroders (OTCMKTS:SHNWF) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 89,186 shares, a decrease of 24.3% from the February 26th total of 117,741 shares. Based on an average trading volume of 3,129 shares, the days-to-cover ratio is presently 28.5 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

SHNWF has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Schroders in a research report on Tuesday, January 6th. Royal Bank Of Canada downgraded shares of Schroders from an “outperform” rating to a “sector perform” rating in a research note on Friday, February 13th. Finally, UBS Group lowered shares of Schroders from a “buy” rating to a “neutral” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Schroders Stock Performance

Shares of OTCMKTS SHNWF opened at $7.30 on Friday. Schroders has a 1-year low of $3.50 and a 1-year high of $7.98. The business has a fifty day moving average price of $7.11 and a 200 day moving average price of $5.92.

About Schroders

Schroders plc is a global asset management company headquartered in London, United Kingdom, with a history dating back to its founding in 1804 as J. Henry Schröder & Co Over more than two centuries, the firm has grown organically and through selective acquisitions to establish itself as one of the world’s leading investment managers. Schroders is publicly traded on the London Stock Exchange and operates under the ticker SHNWF in the OTC Markets for investors seeking exposure to its equity.

The company offers a comprehensive suite of investment products and services, including active and passive equity strategies, fixed income, multi-asset solutions, alternatives such as real estate and private assets, as well as wealth planning and advisory services.