Short Interest in Siemens Energy AG (OTCMKTS:SMEGF) Rises By 18.0%

Siemens Energy AG (OTCMKTS:SMEGF) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 631,600 shares, an increase of 18.0% from the February 13th total of 535,200 shares. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is presently 48.6 days.

Siemens Energy Stock Down 0.9 %

Shares of OTCMKTS SMEGF traded down $0.61 during midday trading on Wednesday, reaching $66.42. The stock had a trading volume of 3,845 shares, compared to its average volume of 19,927. Siemens Energy has a twelve month low of $15.74 and a twelve month high of $68.26. The company’s 50 day moving average price is $58.82 and its 200 day moving average price is $49.02.

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.