Schneider Electric S.E. (OTCMKTS:SBGSY) Short Interest Update

Schneider Electric S.E. (OTCMKTS:SBGSY - Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 42,200 shares, a drop of 72.3% from the May 15th total of 152,400 shares. Based on an average daily trading volume, of 549,600 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Schneider Electric S.E. Trading Up 1.0%

OTCMKTS:SBGSY traded up $0.51 on Monday, reaching $51.03. 358,728 shares of the company's stock were exchanged, compared to its average volume of 460,639. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91. Schneider Electric S.E. has a 52 week low of $39.77 and a 52 week high of $56.98. The stock has a fifty day simple moving average of $48.70 and a 200-day simple moving average of $49.57.

Schneider Electric S.E. Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Thursday, May 15th were given a dividend of $0.6749 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a yield of 1.39%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SBGSY. Barclays downgraded shares of Schneider Electric S.E. from a "strong-buy" rating to a "hold" rating in a report on Monday, May 12th. The Goldman Sachs Group upgraded shares of Schneider Electric S.E. to a "strong-buy" rating in a report on Thursday, March 13th. Citigroup upgraded shares of Schneider Electric S.E. from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 17th. Finally, Royal Bank of Canada upgraded shares of Schneider Electric S.E. from a "strong sell" rating to a "moderate buy" rating in a report on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy".

Schneider Electric S.E. Company Profile

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.