Short Interest in Siemens Healthineers AG (OTCMKTS:SMMNY) Grows By 42.3%

Siemens Healthineers AG (OTCMKTS:SMMNY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 40,000 shares, a growth of 42.3% from the September 30th total of 28,100 shares. Based on an average daily trading volume, of 432,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 432,300 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Siemens Healthineers in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to data from MarketBeat.com, Siemens Healthineers has an average rating of “Strong Buy”.

Siemens Healthineers Stock Performance

OTCMKTS:SMMNY opened at $28.10 on Wednesday. The company’s 50-day moving average is $27.75 and its two-hundred day moving average is $27.25. Siemens Healthineers has a 12-month low of $23.28 and a 12-month high of $30.19.

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.