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

Schneider Electric S.E. (OTCMKTS:SBGSF) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 198,700 shares, a growth of 34.3% from the January 31st total of 148,000 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 44.2 days.

Institutional Trading of Schneider Electric S.E.

A hedge fund recently bought a new stake in Schneider Electric S.E. stock. Generali Investments CEE investicni spolecnost a.s. bought a new position in Schneider Electric S.E. (OTCMKTS:SBGSF) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 14,820 shares of the company’s stock, valued at approximately $3,696,000. 41.67% of the stock is currently owned by institutional investors.

Schneider Electric S.E. Stock Up 0.7 %

SBGSF traded up $1.64 on Wednesday, hitting $238.30. The company had a trading volume of 1,069 shares, compared to its average volume of 1,994. The company’s fifty day moving average price is $256.49 and its 200 day moving average price is $257.67. Schneider Electric S.E. has a 1-year low of $215.55 and a 1-year high of $289.56.

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.