Short Interest in Siemens Healthineers AG (OTCMKTS:SMMNY) Expands By 314.3%

Siemens Healthineers AG (OTCMKTS:SMMNY) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 8,700 shares, a growth of 314.3% from the February 13th total of 2,100 shares. Based on an average daily volume of 81,700 shares, the short-interest ratio is currently 0.1 days.

Siemens Healthineers Stock Down 2.7 %

Shares of SMMNY traded down $0.77 during mid-day trading on Friday, hitting $27.73. The company’s stock had a trading volume of 32,626 shares, compared to its average volume of 59,194. Siemens Healthineers has a 1-year low of $25.54 and a 1-year high of $31.06. The firm has a 50-day simple moving average of $28.12 and a 200 day simple moving average of $27.74.

Siemens Healthineers (OTCMKTS:SMMNY) last released its earnings results on Thursday, February 6th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.11).

Siemens Healthineers Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 20th were given a dividend of $0.4862 per share. This is a positive change from Siemens Healthineers’s previous dividend of $0.31. The ex-dividend date was Thursday, February 20th.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upgraded Siemens Healthineers to a “strong-buy” rating in a research note on Thursday, January 30th.

Siemens Healthineers Company Profile

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.