Short Interest in Siemens Healthineers AG (OTCMKTS:SMMNY) Grows By 35.3%

Siemens Healthineers AG (OTCMKTS:SMMNY) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 2,300 shares, an increase of 35.3% from the March 15th total of 1,700 shares. Based on an average daily volume of 109,600 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upgraded Siemens Healthineers to a “strong-buy” rating in a report on Thursday, January 30th.

Siemens Healthineers Stock Performance

Shares of SMMNY stock opened at $25.36 on Friday. Siemens Healthineers has a fifty-two week low of $23.28 and a fifty-two week high of $30.19. The stock’s fifty day moving average is $27.34 and its two-hundred day moving average is $27.37.

Siemens Healthineers (OTCMKTS:SMMNY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.11).

Siemens Healthineers Company Profile

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.