Short Interest in Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Drops By 27.8%

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 16,900 shares, a decrease of 27.8% from the November 15th total of 23,400 shares. Based on an average daily volume of 241,600 shares, the short-interest ratio is currently 0.1 days.

Siemens Aktiengesellschaft Trading Down 0.7 %

SIEGY traded down $0.73 on Friday, hitting $100.35. The company had a trading volume of 84,054 shares, compared to its average volume of 143,755. The business’s fifty day simple moving average is $98.43 and its 200 day simple moving average is $94.92. The company has a quick ratio of 1.13, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. Siemens Aktiengesellschaft has a 12-month low of $83.64 and a 12-month high of $103.19. The company has a market cap of $160.56 billion, a PE ratio of 17.82, a PEG ratio of 2.36 and a beta of 1.28.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on SIEGY shares. Hsbc Global Res upgraded Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Thursday, December 5th. Citigroup upgraded Siemens Aktiengesellschaft to a “strong-buy” rating in a research report on Wednesday, October 2nd. Finally, Bank of America cut shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, November 19th.

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.