Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Update

Siemens Energy AG (OTCMKTS:SMNEY) was the target of a large decline in short interest in September. As of September 15th, there was short interest totalling 700 shares, a decline of 82.9% from the August 31st total of 4,100 shares. Based on an average trading volume of 201,000 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Energy Price Performance

Shares of Siemens Energy stock traded up $0.08 during trading on Friday, hitting $37.44. 49,040 shares of the stock were exchanged, compared to its average volume of 38,370. Siemens Energy has a 12-month low of $7.21 and a 12-month high of $38.00. The firm’s 50-day moving average price is $29.19 and its 200 day moving average price is $25.21.

Analyst Upgrades and Downgrades

SMNEY has been the topic of a number of research analyst reports. UBS Group raised Siemens Energy to a “hold” rating in a report on Thursday, August 8th. The Goldman Sachs Group upgraded shares of Siemens Energy to a “strong-buy” rating in a research report on Thursday, August 8th. Berenberg Bank raised Siemens Energy to a “strong-buy” rating in a report on Tuesday, June 25th. Finally, Sanford C. Bernstein raised shares of Siemens Energy to a “strong sell” rating in a research report on Thursday, August 8th.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.