Straumann Holding AG (OTCMKTS:SAUHY) Short Interest Down 93.3% in March

Straumann Holding AG (OTCMKTS:SAUHY) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, a drop of 93.3% from the March 15th total of 3,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 140,300 shares, the short-interest ratio is currently 0.0 days.

Straumann Stock Performance

OTCMKTS:SAUHY traded down $0.12 during trading hours on Monday, reaching $11.75. 150,402 shares of the company were exchanged, compared to its average volume of 82,524. The stock has a 50 day simple moving average of $12.93 and a 200 day simple moving average of $13.40. Straumann has a 52-week low of $10.30 and a 52-week high of $16.90.

Straumann Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be issued a $0.0291 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This is an increase from Straumann’s previous dividend of $0.03.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. William Blair raised shares of Straumann to a “strong-buy” rating in a research note on Friday, January 24th. Wells Fargo & Company raised Straumann to a “strong-buy” rating in a research note on Wednesday, April 9th.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.