Straumann Holding AG (OTCMKTS:SAUHY) Sees Large Growth in Short Interest

Straumann Holding AG (OTCMKTS:SAUHY) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 9,600 shares, an increase of 95.9% from the December 31st total of 4,900 shares. Based on an average daily volume of 221,400 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SAUHY. William Blair raised shares of Straumann to a “strong-buy” rating in a research note on Friday, January 24th. Berenberg Bank raised Straumann to a “strong-buy” rating in a research report on Thursday, November 28th.

Straumann Stock Down 1.5 %

Shares of OTCMKTS:SAUHY traded down $0.22 on Wednesday, hitting $14.51. The company had a trading volume of 50,902 shares, compared to its average volume of 98,661. Straumann has a 52-week low of $11.83 and a 52-week high of $17.23. The business has a 50 day moving average of $13.05 and a 200 day moving average of $13.70.

Straumann Company Profile

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.