Schroders plc (OTCMKTS:SHNWF) Short Interest Update

Schroders plc (OTCMKTS:SHNWF - Get Free Report) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 297,800 shares, a decline of 88.2% from the March 31st total of 2,530,600 shares. Based on an average daily trading volume, of 5,800 shares, the days-to-cover ratio is presently 51.3 days. Approximately 0.0% of the company's shares are short sold.

Schroders Stock Performance

Shares of OTCMKTS:SHNWF remained flat at $3.50 during trading on Thursday. The company's 50-day moving average is $4.26 and its two-hundred day moving average is $4.27. Schroders has a 52-week low of $3.50 and a 52-week high of $5.12.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Royal Bank of Canada upgraded Schroders from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Schroders in a report on Friday, March 7th. Finally, Barclays reiterated an "overweight" rating on shares of Schroders in a report on Friday, March 7th.

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.