Siemens Energy AG (OTCMKTS:SMNEY – Get Free Report) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 18,300 shares, a growth of 394.6% from the December 15th total of 3,700 shares. Based on an average daily volume of 104,300 shares, the short-interest ratio is currently 0.2 days.
Wall Street Analyst Weigh In
Separately, Citigroup upgraded Siemens Energy to a “hold” rating in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Siemens Energy has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on Siemens Energy
Siemens Energy Trading Down 0.9 %
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.
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