Schroders plc (OTCMKTS:SHNWF – Get Free Report) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 523,500 shares, a decline of 31.1% from the December 15th total of 759,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 5,235.0 days.
Wall Street Analyst Weigh In
Separately, Citigroup raised Schroders to a “hold” rating in a research report on Thursday, October 10th.
Check Out Our Latest Stock Analysis on Schroders
Schroders Trading Down 4.5 %
Schroders Company Profile
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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