Shorts On Watch: What Next for SCHRODERS PLC NEW (OTCMKTS:SHNWF) Stock After Decrease in Shorted Shares?

November 16, 2016 - By Clifton Ray   ·   0 Comments

Shorts On Watch: What Next for SCHRODERS PLC NEW (OTCMKTS:SHNWF) Stock After Decrease in Shorted Shares?

The stock of SCHRODERS PLC NEW (OTCMKTS:SHNWF) registered a decrease of 65.57% in short interest. SHNWF’s total short interest was 6,300 shares in November as published by FINRA. Its down 65.57% from 18,300 shares, reported previously. With 600 shares average volume, it will take short sellers 11 days to cover their SHNWF’s short positions. The stock decreased 1.98% or $0.72 on November 15, hitting $35.68. About 1,717 shares traded hands or 318.78% up from the average. SCHRODERS VTG SHS GBP1 (OTCMKTS:SHNWF) has declined 2.25% since April 14, 2016 and is downtrending. It has underperformed by 6.93% the S&P500.

SCHRODERS VTG SHS GBP1 (OTCMKTS:SHNWF) Ratings Coverage

Out of 2 analysts covering Schroders plc (OTCMKTS:SHNWF), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Schroders plc has been the topic of 2 analyst reports since October 2, 2015 according to StockzIntelligence Inc. On Friday, October 2 the stock rating was upgraded by Numis Securities to “Buy”. As per Monday, October 5, the company rating was downgraded by Morgan Stanley.

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By Clifton Ray


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