Short Interest in Schneider Electric S.E. (OTCMKTS:SBGSF) Rises By 29.7%

Schneider Electric S.E. (OTCMKTS:SBGSFGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 88,300 shares, a growth of 29.7% from the June 30th total of 68,100 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 32.7 days.

Schneider Electric S.E. Stock Performance

Schneider Electric S.E. stock traded up $7.17 during trading hours on Monday, reaching $240.67. 2,800 shares of the company’s stock traded hands, compared to its average volume of 1,997. The firm’s 50 day moving average is $247.58 and its 200-day moving average is $231.38. Schneider Electric S.E. has a fifty-two week low of $146.57 and a fifty-two week high of $262.00.

Schneider Electric S.E. Company Profile

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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.

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