Short Interest in Siemens Healthineers AG (OTCMKTS:SMMNY) Decreases By 49.3%

Siemens Healthineers AG (OTCMKTS:SMMNY) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 7,600 shares, a drop of 49.3% from the November 30th total of 15,000 shares. Based on an average daily trading volume, of 369,200 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, UBS Group cut shares of Siemens Healthineers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 26th.

Siemens Healthineers Trading Up 0.8 %

Shares of OTCMKTS:SMMNY traded up $0.21 on Friday, hitting $27.46. 54,425 shares of the company were exchanged, compared to its average volume of 63,170. Siemens Healthineers has a 1-year low of $25.54 and a 1-year high of $31.73. The stock’s 50 day moving average price is $27.08 and its 200 day moving average price is $27.95.

Siemens Healthineers Company Profile

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.