Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Short Interest Down 56.1% in April

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 22,900 shares, a drop of 56.1% from the March 31st total of 52,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 840,500 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada downgraded Siemens Aktiengesellschaft from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, March 19th.

Siemens Aktiengesellschaft Price Performance

Shares of OTCMKTS SIEGY traded up $3.51 on Monday, hitting $118.11. The company’s stock had a trading volume of 138,603 shares, compared to its average volume of 354,919. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 1.15. Siemens Aktiengesellschaft has a 12-month low of $83.64 and a 12-month high of $131.87. The company has a market capitalization of $188.98 billion, a price-to-earnings ratio of 18.14, a price-to-earnings-growth ratio of 3.27 and a beta of 1.17. The stock has a 50 day moving average of $114.98 and a 200-day moving average of $105.93.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last announced its earnings results on Thursday, February 13th. The technology company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.05. The firm had revenue of $19.58 billion during the quarter, compared to the consensus estimate of $18.70 billion. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. As a group, research analysts predict that Siemens Aktiengesellschaft will post 6.59 EPS for the current year.

Siemens Aktiengesellschaft Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 25th. Investors of record on Friday, February 14th were issued a dividend of $2.6907 per share. This is an increase from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date of this dividend was Friday, February 14th. Siemens Aktiengesellschaft’s dividend payout ratio (DPR) is presently 30.72%.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.