Schroders plc (OTCMKTS:SHNWF – Get Free Report) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 523,500 shares, a drop of 31.1% from the December 15th total of 759,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 5,235.0 days.
Wall Street Analyst Weigh In
Separately, Citigroup raised Schroders to a “hold” rating in a research note on Thursday, October 10th.
Read Our Latest Research Report on Schroders
Schroders Stock Performance
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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