Siemens Healthineers AG (OTCMKTS:SMMNY) Short Interest Down 33.3% in April

Siemens Healthineers AG (OTCMKTS:SMMNY – Get Rating) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 200 shares, a drop of 33.3% from the April 15th total of 300 shares. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Healthineers Trading Down 5.4 %

OTCMKTS:SMMNY opened at $29.25 on Thursday. The stock has a fifty day moving average price of $28.87 and a 200 day moving average price of $26.94. Siemens Healthineers has a 12-month low of $19.44 and a 12-month high of $31.92.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SMMNY. Morgan Stanley boosted their target price on Siemens Healthineers to €58.00 ($63.74) in a research report on Friday, February 3rd. Sanford C. Bernstein assumed coverage on Siemens Healthineers in a report on Tuesday, March 7th. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Siemens Healthineers presently has an average rating of “Moderate Buy” and a consensus price target of $60.82.

Siemens Healthineers Company Profile

(Get Rating)

Siemens Healthineers AG operates as a holding company. The company intends to operate the digital services business. It operates through the following business segments: Imaging, Diagnotics, and Advanced Therapies. The Imaging segment offers diagnostic imaging products and a broad portfolio of advanced imaging and ultrasound systems and solutions.