Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Sees Large Drop in Short Interest

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 12,678 shares, a decline of 62.8% from the September 30th total of 34,089 shares. Based on an average daily trading volume, of 219,015 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Hensoldt Stock Performance

OTCMKTS:HAGHY traded up $0.25 during trading hours on Thursday, reaching $9.80. The stock had a trading volume of 1,530 shares, compared to its average volume of 144,804. The company has a 50 day moving average price of $9.25 and a two-hundred day moving average price of $17.20. Hensoldt has a 52 week low of $7.18 and a 52 week high of $11.37.

Analyst Ratings Changes

Several analysts have weighed in on HAGHY shares. Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Hensoldt in a research note on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Read Our Latest Analysis on Hensoldt

Hensoldt Company Profile

(Get Free Report)

HENSOLDT AG is a Germany-based defense electronics company that develops and supplies sensor solutions for military and security applications. Its portfolio includes radar systems, electronic warfare and signals intelligence solutions, optronics, avionics, and integrated mission systems designed to support situational awareness and threat detection.

The company serves customers across air, land, sea, and space domains. Its products are used in applications such as air defense, reconnaissance, surveillance, border protection, and the modernization of military platforms.

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