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

Schneider Electric S.E. (OTCMKTS:SBGSF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 124,400 shares, an increase of 18.3% from the October 15th total of 105,200 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 36.6 days.

Schneider Electric S.E. Trading Down 0.6 %

OTCMKTS SBGSF traded down $1.61 during mid-day trading on Friday, hitting $257.03. The company’s stock had a trading volume of 290 shares, compared to its average volume of 1,877. Schneider Electric S.E. has a 52-week low of $176.85 and a 52-week high of $279.40. The stock’s fifty day simple moving average is $261.90 and its two-hundred day simple moving average is $251.25.

About Schneider Electric S.E.

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.