Short Interest in Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Decreases By 24.4%

Siemens Aktiengesellschaft (OTCMKTS:SMAWF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 409,215 shares, a decline of 24.4% from the December 31st total of 541,288 shares. Based on an average daily trading volume, of 2,109 shares, the days-to-cover ratio is currently 194.0 days. Based on an average daily trading volume, of 2,109 shares, the days-to-cover ratio is currently 194.0 days.

Institutional Investors Weigh In On Siemens Aktiengesellschaft

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in shares of 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 purchasing an additional 186 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. grew its position in shares of Siemens Aktiengesellschaft by 0.4% in the 3rd 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 period. Finally, Boston Common Asset Management LLC acquired a new position in shares of Siemens Aktiengesellschaft during the 2nd quarter worth approximately $34,898,000. 23.99% of the stock is currently owned by institutional investors and hedge funds.

Siemens Aktiengesellschaft Stock Performance

Shares of OTCMKTS SMAWF opened at $309.55 on Friday. Siemens Aktiengesellschaft has a 52-week low of $185.93 and a 52-week high of $315.00. The firm has a 50 day moving average price of $284.49 and a 200 day moving average price of $276.24.

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.