Siemens Healthineers AG (OTCMKTS:SMMNY) Short Interest Up 17.5% in September

Siemens Healthineers AG (OTCMKTS:SMMNY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 6,700 shares, a growth of 17.5% from the August 31st total of 5,700 shares. Based on an average trading volume of 69,500 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Sanford C. Bernstein upgraded shares of Siemens Healthineers to a “strong-buy” rating in a research note on Wednesday, July 31st. UBS Group downgraded shares of Siemens Healthineers from a “strong-buy” rating to a “hold” rating in a research note on Thursday.

Siemens Healthineers Stock Up 4.6 %

Siemens Healthineers stock opened at $29.99 on Monday. Siemens Healthineers has a twelve month low of $24.01 and a twelve month high of $31.73. The stock’s fifty day simple moving average is $28.00 and its 200-day simple moving average is $28.65.

Siemens Healthineers (OTCMKTS:SMMNY) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $5.84 billion during the quarter.

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.