Siemens Healthineers AG (OTCMKTS:SMMNY – Get Free Report) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 15,000 shares, a growth of 689.5% from the November 15th total of 1,900 shares. Based on an average daily volume of 172,000 shares, the days-to-cover ratio is presently 0.1 days.
Siemens Healthineers Trading Up 1.2 %
Shares of Siemens Healthineers stock traded up $0.34 during trading on Wednesday, reaching $28.37. 207,847 shares of the stock traded hands, compared to its average volume of 60,091. Siemens Healthineers has a 52-week low of $25.54 and a 52-week high of $31.73. The business has a fifty day simple moving average of $27.27 and a two-hundred day simple moving average of $28.07.
Analyst Ratings Changes
Separately, UBS Group cut shares of Siemens Healthineers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 26th.
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.
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