Schneider Electric S.E. (OTCMKTS:SBGSY) Short Interest Down 80.6% in February

Schneider Electric S.E. (OTCMKTS:SBGSY) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 7,200 shares, a decline of 80.6% from the January 31st total of 37,100 shares. Based on an average daily volume of 1,172,300 shares, the short-interest ratio is currently 0.0 days.

Schneider Electric S.E. Price Performance

SBGSY stock traded down $0.98 on Friday, hitting $48.62. The company’s stock had a trading volume of 199,552 shares, compared to its average volume of 385,141. The firm has a 50 day moving average of $51.00 and a two-hundred day moving average of $51.11. Schneider Electric S.E. has a 1 year low of $43.07 and a 1 year high of $56.98. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 0.40.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut Schneider Electric S.E. from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 5th.

Schneider Electric S.E. Company Profile

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.