Schroders plc (OTCMKTS:SHNWF) Short Interest Update

Schroders plc (OTCMKTS:SHNWF) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 769,200 shares, a decrease of 25.2% from the November 15th total of 1,028,300 shares. Based on an average trading volume of 16,100 shares, the days-to-cover ratio is presently 47.8 days.

Analysts Set New Price Targets

Separately, Citigroup upgraded Schroders to a “hold” rating in a research report on Thursday, October 10th.

Schroders Trading Up 0.5 %

Schroders stock traded up $0.02 during mid-day trading on Friday, hitting $4.20. 32,947 shares of the company traded hands, compared to its average volume of 4,082. Schroders has a one year low of $4.00 and a one year high of $5.50. The stock has a fifty day moving average price of $4.36 and a 200-day moving average price of $4.59.

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.