Schroders plc (OTCMKTS:SHNWF) Sees Large Drop in Short Interest

Schroders plc (OTCMKTS:SHNWF) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 464,300 shares, a decrease of 29.6% from the July 31st total of 659,900 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 386.9 days.

Schroders Price Performance

Shares of SHNWF remained flat at $4.75 during trading hours on Friday. The business has a 50-day moving average of $4.85 and a 200 day moving average of $4.83. Schroders has a 12-month low of $4.20 and a 12-month high of $5.50.

About Schroders

Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.