Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Sees Significant Growth in Short Interest

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 24,600 shares, a growth of 158.9% from the January 31st total of 9,500 shares. Based on an average daily trading volume, of 572,700 shares, the days-to-cover ratio is presently 0.0 days.

Siemens Aktiengesellschaft Stock Performance

Siemens Aktiengesellschaft stock traded down $2.44 during trading hours on Friday, reaching $113.53. 163,554 shares of the company were exchanged, compared to its average volume of 239,638. The firm has a market cap of $181.65 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 3.27 and a beta of 1.28. Siemens Aktiengesellschaft has a 12 month low of $83.64 and a 12 month high of $119.24. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. The stock has a 50-day moving average of $105.69 and a 200 day moving average of $99.55.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last announced its earnings results on Thursday, February 13th. The technology company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.05. The firm had revenue of $19.58 billion during the quarter, compared to the consensus estimate of $18.70 billion. Siemens Aktiengesellschaft had a return on equity of 13.82% and a net margin of 12.41%. As a group, research analysts anticipate that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current year.

Siemens Aktiengesellschaft Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 14th were issued a dividend of $2.6907 per share. This is an increase from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date was Friday, February 14th. Siemens Aktiengesellschaft’s dividend payout ratio (DPR) is presently 30.72%.

Wall Street Analyst Weigh In

SIEGY has been the subject of several recent research reports. Hsbc Global Res raised Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th. Bank of America downgraded Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th.

About Siemens Aktiengesellschaft

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.