Siemens Healthineers AG (OTCMKTS:SMMNY) Short Interest Up 1,242.9% in October

Siemens Healthineers AG (OTCMKTS:SMMNY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 9,400 shares, an increase of 1,242.9% from the September 30th total of 700 shares. Based on an average daily volume of 97,200 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

SMMNY has been the subject of a number of analyst reports. UBS Group downgraded shares of Siemens Healthineers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 26th. Sanford C. Bernstein upgraded shares of Siemens Healthineers to a “strong-buy” rating in a research note on Wednesday, July 31st.

Siemens Healthineers Price Performance

SMMNY traded down $0.11 on Friday, reaching $27.63. The company had a trading volume of 32,129 shares, compared to its average volume of 54,956. Siemens Healthineers has a 1 year low of $24.01 and a 1 year high of $31.73. The stock has a 50-day moving average price of $28.23 and a 200-day moving average price of $28.41.

Siemens Healthineers (OTCMKTS:SMMNY) last announced its quarterly earnings results on Wednesday, July 31st. The company reported $0.28 earnings per share for the quarter. The company had revenue of $5.84 billion during the quarter.

About Siemens Healthineers

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.