Siemens Healthineers AG (OTCMKTS:SMMNY) Sees Significant Decline in Short Interest

Siemens Healthineers AG (OTCMKTS:SMMNY) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 7,600 shares, a decline of 49.3% from the November 30th total of 15,000 shares. Based on an average daily volume of 369,200 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Healthineers Trading Down 1.2 %

Shares of OTCMKTS:SMMNY traded down $0.33 during trading on Friday, reaching $27.13. The company had a trading volume of 68,863 shares, compared to its average volume of 63,193. Siemens Healthineers has a fifty-two week low of $25.54 and a fifty-two week high of $31.73. The stock’s fifty day moving average price is $27.06 and its 200 day moving average price is $27.92.

Analysts Set New Price Targets

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

About Siemens Healthineers

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.