Short Interest in Schneider Electric S.E. (OTCMKTS:SBGSY) Expands By 38.2%

Schneider Electric S.E. (OTCMKTS:SBGSY) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 154,200 shares, a growth of 38.2% from the August 15th total of 111,600 shares. Based on an average daily volume of 376,400 shares, the days-to-cover ratio is currently 0.4 days.

Schneider Electric S.E. Price Performance

Shares of SBGSY stock traded up $0.56 during mid-day trading on Monday, hitting $50.75. 89,182 shares of the company’s stock were exchanged, compared to its average volume of 232,953. Schneider Electric S.E. has a fifty-two week low of $29.19 and a fifty-two week high of $51.77. The stock has a 50-day simple moving average of $48.64 and a two-hundred day simple moving average of $47.91.

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.