Siemens Healthineers AG (OTCMKTS:SMMNY) Sees Large Decline in Short Interest

Siemens Healthineers AG (OTCMKTS:SMMNY) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 98.7% from the December 15th total of 7,600 shares. Based on an average daily trading volume, of 178,200 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, UBS Group lowered Siemens Healthineers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 26th.

Siemens Healthineers Stock Down 1.4 %

Shares of OTCMKTS SMMNY traded down $0.38 during trading on Monday, hitting $25.97. The company had a trading volume of 181,992 shares, compared to its average volume of 108,599. The stock has a 50 day simple moving average of $26.95 and a 200 day simple moving average of $27.74. Siemens Healthineers has a 12 month low of $25.54 and a 12 month high of $31.73.

About Siemens Healthineers

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.