Short Interest in Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Expands By 158.9%

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

Analysts Set New Price Targets

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

Siemens Aktiengesellschaft Stock Up 0.3 %

OTCMKTS:SIEGY traded up $0.33 during trading hours on Friday, hitting $113.86. The stock had a trading volume of 154,085 shares, compared to its average volume of 237,443. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. Siemens Aktiengesellschaft has a 1-year low of $83.64 and a 1-year high of $119.24. The business has a 50 day simple moving average of $105.99 and a two-hundred day simple moving average of $99.74. The company has a market cap of $182.18 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 3.27 and a beta of 1.28.

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

Siemens Aktiengesellschaft Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 14th were given a $2.6907 dividend. 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 30.72%.

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.