Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Up 78.4% in June

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 90,956 shares, a growth of 78.4% from the June 15th total of 50,998 shares. Based on an average daily trading volume, of 509,980 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Hensoldt has a consensus rating of “Buy”.

Hensoldt Price Performance

Hensoldt stock opened at $8.66 on Friday. Hensoldt has a 12 month low of $7.18 and a 12 month high of $13.74. The business’s fifty day simple moving average is $8.80 and its two-hundred day simple moving average is $23.16.

Hensoldt Company Profile

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.