Short Interest in Straumann Holding AG (OTCMKTS:SAUHY) Rises By 600.0%

Straumann Holding AG (OTCMKTS:SAUHYGet Rating) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 700 shares, an increase of 600.0% from the April 15th total of 100 shares. Based on an average daily volume of 278,500 shares, the days-to-cover ratio is presently 0.0 days.

Shares of SAUHY stock opened at $11.06 on Thursday. The stock has a fifty day moving average of $13.82 and a two-hundred day moving average of $17.43. Straumann has a 1 year low of $10.39 and a 1 year high of $22.83.

The company also recently disclosed a dividend, which was paid on Tuesday, April 26th. Shareholders of record on Friday, April 8th were given a $0.0417 dividend. The ex-dividend date was Thursday, April 7th. This represents a yield of 0.26%.

Several equities research analysts recently weighed in on the company. UBS Group decreased their target price on Straumann from CHF 375 to CHF 304 and set a “neutral” rating for the company in a research note on Wednesday, February 23rd. Jefferies Financial Group began coverage on Straumann in a research note on Friday, March 18th. They issued a “buy” rating for the company. Finally, JPMorgan Chase & Co. reduced their price objective on Straumann from CHF 404.20 to CHF 40.42 and set an “overweight” rating for the company in a research note on Monday, April 25th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Straumann has a consensus rating of “Buy” and a consensus price target of $172.21.

About Straumann (Get Rating)

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.

See Also

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