Siemens Aktiengesellschaft (OTCMKTS:SMAWF – Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,046,976 shares, a drop of 20.5% from the March 15th total of 1,317,038 shares. Based on an average trading volume of 24,741 shares, the days-to-cover ratio is presently 42.3 days.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Generali Investments CEE investicni spolecnost a.s. increased its stake in Siemens Aktiengesellschaft by 0.4% in the third quarter. Generali Investments CEE investicni spolecnost a.s. now owns 44,788 shares of the company’s stock valued at $12,060,000 after acquiring an additional 177 shares during the last quarter. GAMMA Investing LLC increased its stake in Siemens Aktiengesellschaft by 51.8% in the third quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock valued at $146,000 after acquiring an additional 186 shares during the last quarter. Finally, Boston Common Asset Management LLC grew its stake in shares of Siemens Aktiengesellschaft by 12.4% during the third quarter. Boston Common Asset Management LLC now owns 153,558 shares of the company’s stock worth $41,355,000 after buying an additional 16,965 shares during the last quarter. 23.99% of the stock is owned by institutional investors.
Siemens Aktiengesellschaft Price Performance
Shares of OTCMKTS:SMAWF opened at $275.81 on Thursday. The company’s 50 day simple moving average is $270.10 and its 200 day simple moving average is $277.95. Siemens Aktiengesellschaft has a 1 year low of $199.40 and a 1 year high of $325.59.
About Siemens Aktiengesellschaft
Siemens Aktiengesellschaft is a German multinational conglomerate headquartered in Munich, renowned for its role as a global leader in electrification, automation and digitalization. Founded in 1847 by Werner von Siemens, the company has grown into one of the world’s largest industrial manufacturing enterprises. Siemens operates across numerous geographies, serving customers in Europe, the Americas, Asia-Pacific, the Middle East and Africa, with a broad network of production facilities, research centers and sales offices.
The company is organized into key divisions that address critical infrastructure and industry needs.
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