Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Down 48.2% in December

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 2,887 shares, a decrease of 48.2% from the December 15th total of 5,576 shares. Based on an average trading volume of 23,122 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 23,122 shares, the days-to-cover ratio is currently 0.1 days.

Hensoldt Stock Performance

OTCMKTS:HAGHY traded down $0.49 during trading hours on Thursday, reaching $52.11. 12,830 shares of the company were exchanged, compared to its average volume of 17,593. Hensoldt has a 52-week low of $17.85 and a 52-week high of $68.70. The stock has a 50 day simple moving average of $44.87 and a 200 day simple moving average of $52.15.

Analyst Ratings Changes

Several brokerages recently weighed in on HAGHY. Zacks Research raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Citigroup raised shares of Hensoldt from a “hold” rating to a “buy” rating in a research note on Friday, November 14th. Cantor Fitzgerald raised shares of Hensoldt to a “strong-buy” rating in a research note on Friday, November 7th. Finally, DZ Bank raised Hensoldt to a “strong-buy” rating in a research note on Friday, October 31st. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Hensoldt currently has a consensus rating of “Moderate Buy”.

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.