Schroders plc (OTCMKTS:SHNWF) Short Interest Down 88.2% in April

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

Wall Street Analyst Weigh In

SHNWF has been the topic of several analyst reports. Royal Bank of Canada upgraded shares of Schroders from a "hold" rating to a "moderate buy" rating in a report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Schroders in a research report on Friday, March 7th. Finally, Barclays restated an "overweight" rating on shares of Schroders in a report on Friday, March 7th.

Schroders Stock Performance

Shares of OTCMKTS SHNWF remained flat at $3.50 during trading hours on Wednesday. Schroders has a 12 month low of $3.50 and a 12 month high of $5.12. The stock's 50 day moving average price is $4.26 and its 200-day moving average price is $4.27.

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.