Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Up 394.6% in December

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

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded Siemens Energy to a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Siemens Energy Trading Down 0.9 %

OTCMKTS:SMNEY traded down $0.48 on Monday, reaching $50.63. 63,970 shares of the stock traded hands, compared to its average volume of 82,196. Siemens Energy has a 1-year low of $12.20 and a 1-year high of $57.13. The company’s 50 day moving average is $51.17 and its 200-day moving average is $38.74. The firm has a market capitalization of $40.47 billion and a price-to-earnings ratio of 34.44.

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.