Schroders plc (OTCMKTS:SHNWF – Get Free Report) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,028,300 shares, a growth of 43.0% from the October 31st total of 719,100 shares. Based on an average daily volume of 7,000 shares, the short-interest ratio is presently 146.9 days.
Schroders Price Performance
Shares of OTCMKTS SHNWF remained flat at $4.08 during mid-day trading on Friday. Schroders has a twelve month low of $4.00 and a twelve month high of $5.50. The stock’s 50-day simple moving average is $4.33 and its 200 day simple moving average is $4.62.
Analyst Ratings Changes
Separately, Citigroup upgraded Schroders to a “hold” rating in a research note on Thursday, October 10th.
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.
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