Siemens Energy AG (OTCMKTS:SMNEY) Sees Large Increase in Short Interest

Siemens Energy AG (OTCMKTS:SMNEY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 700 shares, a growth of 75.0% from the February 29th total of 400 shares. Based on an average trading volume of 35,900 shares, the short-interest ratio is currently 0.0 days.

Siemens Energy Stock Performance

Shares of OTCMKTS SMNEY traded up $0.60 during trading hours on Thursday, hitting $18.33. 24,718 shares of the stock were exchanged, compared to its average volume of 20,528. The company’s fifty day simple moving average is $15.38 and its two-hundred day simple moving average is $13.21. Siemens Energy has a 1-year low of $7.21 and a 1-year high of $26.44.

About Siemens Energy

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.