Short Interest in Siemens Energy AG (OTCMKTS:SMEGF) Expands By 25.9%

Siemens Energy AG (OTCMKTS:SMEGF) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 3,788,100 shares, a growth of 25.9% from the October 31st total of 3,009,000 shares. Based on an average daily volume of 76,300 shares, the short-interest ratio is currently 49.6 days.

Siemens Energy Stock Performance

Shares of OTCMKTS SMEGF opened at $54.90 on Friday. Siemens Energy has a twelve month low of $11.06 and a twelve month high of $54.90. The stock’s 50-day simple moving average is $42.32 and its two-hundred day simple moving average is $32.78.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.