Short Interest in Siemens Energy AG (OTCMKTS:SMNEY) Expands By 57.5%

Siemens Energy AG (OTCMKTS:SMNEY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 25,200 shares, an increase of 57.5% from the February 28th total of 16,000 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 986,000 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Energy Trading Down 4.1 %

SMNEY stock traded down $2.55 during midday trading on Monday, hitting $59.75. The company’s stock had a trading volume of 86,187 shares, compared to its average volume of 325,922. The firm’s 50-day moving average is $60.58 and its 200-day moving average is $51.00. Siemens Energy has a 12 month low of $18.18 and a 12 month high of $69.07. The company has a market cap of $47.76 billion and a PE ratio of -284.52.

Siemens Energy (OTCMKTS:SMNEY) last released its quarterly earnings data on Wednesday, February 12th. The company reported $0.24 EPS for the quarter. Analysts expect that Siemens Energy will post 0.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Morgan Stanley restated an “overweight” rating on shares of Siemens Energy in a research note on Thursday. UBS Group lowered Siemens Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, January 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Siemens Energy in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Siemens Energy has a consensus rating of “Moderate Buy”.

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.