Schroders plc (OTCMKTS:SHNWF) Sees Significant Increase in Short Interest

Schroders plc (OTCMKTS:SHNWFGet 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.

Read Our Latest Stock Analysis on SHNWF

About Schroders

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Schroders Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schroders and related companies with MarketBeat.com's FREE daily email newsletter.