Short Interest in ams-OSRAM AG (OTCMKTS:AMSSY) Drops By 93.3%

ams-OSRAM AG (OTCMKTS:AMSSY) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 93.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 0.0 days.

ams-OSRAM Stock Performance

AMSSY traded down $0.27 during trading hours on Friday, reaching $3.17. The company’s stock had a trading volume of 800 shares, compared to its average volume of 2,745. The firm has a market cap of $633.02 million, a PE ratio of -0.55 and a beta of 1.24. The company’s 50-day moving average is $3.63 and its 200-day moving average is $1.69. ams-OSRAM has a 52 week low of $2.98 and a 52 week high of $22.00.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of ams-OSRAM from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 24th.

ams-OSRAM Company Profile

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets.