Short Interest in Hexagon AB (publ) (OTCMKTS:HXGBY) Rises By 947.0%

Hexagon AB (publ) (OTCMKTS:HXGBY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 211,500 shares, a growth of 947.0% from the November 30th total of 20,200 shares. Based on an average daily volume of 1,290,100 shares, the days-to-cover ratio is currently 0.2 days.

Hexagon AB (publ) Trading Down 0.5 %

Shares of HXGBY stock opened at $9.61 on Friday. Hexagon AB has a 12-month low of $8.14 and a 12-month high of $12.35. The business’s 50 day moving average is $9.24 and its two-hundred day moving average is $9.97.

Hexagon AB (publ) (OTCMKTS:HXGBY) last announced its earnings results on Friday, October 25th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.11. The business had revenue of $1.43 billion for the quarter.

Analyst Ratings Changes

Separately, BNP Paribas raised shares of Hexagon AB (publ) from a “strong sell” rating to a “hold” rating in a report on Thursday, October 31st.

About Hexagon AB (publ)

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.