Schroders plc (OTCMKTS:SHNWF – Get Free Report) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,028,300 shares, an increase of 43.0% from the October 31st total of 719,100 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is currently 146.9 days.
Schroders Price Performance
Schroders stock remained flat at $4.08 during mid-day trading on Friday. The business has a fifty day moving average of $4.33 and a two-hundred day moving average of $4.62. Schroders has a twelve month low of $4.00 and a twelve month high of $5.50.
Wall Street Analyst Weigh In
Separately, Citigroup raised shares of Schroders to a “hold” rating in a research note on Thursday, October 10th.
About Schroders
Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments.
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