Schneider Electric S.E. (OTCMKTS:SBGSY) Sees Significant Decrease in Short Interest

Schneider Electric S.E. (OTCMKTS:SBGSYGet Free Report) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 62,100 shares, a drop of 59.7% from the August 31st total of 154,200 shares. Based on an average daily trading volume, of 259,800 shares, the days-to-cover ratio is presently 0.2 days.

Schneider Electric S.E. Stock Performance

SBGSY traded down $1.39 during trading on Friday, reaching $53.40. The company had a trading volume of 105,662 shares, compared to its average volume of 227,551. The business’s fifty day moving average price is $49.12 and its 200 day moving average price is $48.27. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21. Schneider Electric S.E. has a 12 month low of $29.19 and a 12 month high of $55.00.

About Schneider Electric S.E.

(Get Free Report)

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.

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