ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Short Interest Down 81.9% in July

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 268 shares, a drop of 81.9% from the June 30th total of 1,477 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 42,557 shares, the days-to-cover ratio is presently 0.0 days.

ams-OSRAM Stock Up 2.5%

OTCMKTS:AMSSY opened at $10.24 on Friday. The firm has a market cap of $2.04 billion, a P/E ratio of -8.61 and a beta of 1.74. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. ams-OSRAM has a fifty-two week low of $4.19 and a fifty-two week high of $15.10. The firm has a 50-day simple moving average of $11.71 and a two-hundred day simple moving average of $8.06.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AMSSY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

ams-OSRAM Company Profile

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.