Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Update

Siemens Energy AG (OTCMKTS:SMNEY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 18,300 shares, a growth of 394.6% from the December 31st total of 3,700 shares. Based on an average trading volume of 104,300 shares, the days-to-cover ratio is presently 0.2 days.

Siemens Energy Price Performance

OTCMKTS:SMNEY traded up $1.08 on Tuesday, hitting $55.13. 3,769,211 shares of the company’s stock were exchanged, compared to its average volume of 395,359. The firm has a 50-day moving average price of $53.35 and a 200-day moving average price of $40.84. Siemens Energy has a 52 week low of $14.09 and a 52 week high of $63.46. The company has a market cap of $44.07 billion and a P/E ratio of 37.50.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SMNEY. Citigroup raised shares of Siemens Energy to a “hold” rating in a research report on Wednesday, October 9th. UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.