Straumann Holding AG (OTCMKTS:SAUHY) Short Interest Update

Straumann Holding AG (OTCMKTS:SAUHY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 3,000 shares, an increase of 2,900.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 96,300 shares, the days-to-cover ratio is presently 0.0 days.

Straumann Stock Performance

SAUHY stock traded down $0.50 during mid-day trading on Wednesday, hitting $12.32. The stock had a trading volume of 34,917 shares, compared to its average volume of 62,277. Straumann has a 1-year low of $11.83 and a 1-year high of $16.90. The company has a fifty day moving average of $13.73 and a 200 day moving average of $13.73.

Straumann Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be issued a $0.0291 dividend. The ex-dividend date is Tuesday, April 15th. This is an increase from Straumann’s previous dividend of $0.03.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on SAUHY shares. Berenberg Bank upgraded shares of Straumann to a “strong-buy” rating in a research note on Thursday, November 28th. William Blair upgraded shares of Straumann to a “strong-buy” rating in a report on Friday, January 24th.

Straumann Company Profile

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.