Schneider Electric SE (OTCMKTS:SBGSY) Short Interest Update

Key Points

• Schneider Electric saw a 69.4% decline in short interest in April to 109,550 shares, leaving a short-interest ratio of 0.2 days and effectively 0.0% of shares sold short.
• Analyst sentiment is broadly positive with a MarketBeat consensus of Buy (two Strong Buy, seven Buy, one Hold); Barclays upgraded to Overweight and Deutsche Bank reaffirmed a Buy.
• Shares opened at $65.51, trading near their 12‑month high of $66.53 and above both the 50‑day ($59.49) and 200‑day ($57.22) moving averages.

Schneider Electric SE (OTCMKTS:SBGSY - Get Free Report) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 109,550 shares, a decline of 69.4% from the March 31st total of 358,018 shares. Based on an average trading volume of 682,415 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on SBGSY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Schneider Electric in a report on Monday, February 9th. Barclays raised Schneider Electric from an "equal weight" rating to an "overweight" rating in a research note on Monday, April 13th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy".

Schneider Electric Price Performance

OTCMKTS:SBGSY opened at $65.51 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19. Schneider Electric has a 12-month low of $45.60 and a 12-month high of $66.53. The stock's fifty day simple moving average is $59.49 and its 200-day simple moving average is $57.22.

About Schneider Electric

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company's portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.

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