Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Sees Significant Increase in Short Interest

Siemens Aktiengesellschaft (OTCMKTS:SIEGY - Get Free Report) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 51,900 shares, an increase of 257.9% from the December 31st total of 14,500 shares. Based on an average daily volume of 289,900 shares, the short-interest ratio is presently 0.2 days.

Siemens Aktiengesellschaft Stock Down 1.4 %

SIEGY traded down $1.45 on Wednesday, reaching $104.84. 242,600 shares of the company traded hands, compared to its average volume of 143,202. Siemens Aktiengesellschaft has a 52-week low of $83.64 and a 52-week high of $109.88. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.40 and a quick ratio of 1.15. The company has a market cap of $167.74 billion, a price-to-earnings ratio of 18.62, a PEG ratio of 3.62 and a beta of 1.28. The stock's 50 day moving average price is $99.83 and its 200-day moving average price is $96.47.

Analysts Set New Price Targets

Several research firms have recently weighed in on SIEGY. Hsbc Global Res raised shares of Siemens Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Thursday, December 5th. Bank of America downgraded shares of Siemens Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research note on Tuesday, November 19th. Finally, Citigroup upgraded Siemens Aktiengesellschaft to a "strong-buy" rating in a report on Wednesday, October 2nd.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.