Schroders plc (OTCMKTS:SHNWF – Get Free Report) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 1,028,300 shares, an increase of 43.0% from the October 31st total of 719,100 shares. Based on an average daily trading volume, of 7,000 shares, the short-interest ratio is currently 146.9 days.
Schroders Price Performance
OTCMKTS:SHNWF remained flat at $4.08 during trading hours on Friday. Schroders has a one year low of $4.00 and a one year high of $5.50. The company’s fifty day moving average price is $4.33 and its 200-day moving average price is $4.62.
Analysts Set New Price Targets
Separately, Citigroup upgraded Schroders to a “hold” rating in a research note on Thursday, October 10th.
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.
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