Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Update

Siemens Energy AG (OTCMKTS:SMNEY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 18,300 shares, an increase of 394.6% from the December 31st total of 3,700 shares. Based on an average daily volume of 104,300 shares, the short-interest ratio is presently 0.2 days.

Siemens Energy Stock Performance

SMNEY traded up $1.08 during trading on Tuesday, reaching $55.13. 3,769,211 shares of the company’s stock were exchanged, compared to its average volume of 395,359. The company’s fifty day moving average price is $53.35 and its 200-day moving average price is $40.84. Siemens Energy has a fifty-two week low of $14.09 and a fifty-two week high of $63.46. The firm has a market capitalization of $44.07 billion and a PE ratio of 37.50.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Citigroup upgraded shares of Siemens Energy to a “hold” rating in a research report on Wednesday, October 9th. UBS Group cut shares of Siemens Energy from a “hold” rating to a “strong sell” rating in a research report on Monday, January 20th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

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.