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

Schneider Electric S.E. (OTCMKTS:SBGSF) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 122,700 shares, a decrease of 29.1% from the December 15th total of 173,100 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is presently 87.6 days.

Schneider Electric S.E. Stock Performance

Shares of SBGSF traded down $4.10 during trading hours on Wednesday, hitting $259.90. 4,451 shares of the company were exchanged, compared to its average volume of 1,293. Schneider Electric S.E. has a fifty-two week low of $188.90 and a fifty-two week high of $279.40. The firm’s fifty day moving average is $255.96 and its 200 day moving average is $253.68.

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.