Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Down 42.6% in January

Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 10,500 shares, a decline of 42.6% from the December 31st total of 18,300 shares. Based on an average trading volume of 160,700 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several research firms have recently commented on SMNEY. UBS Group downgraded Siemens Energy from a "hold" rating to a "strong sell" rating in a research note on Monday, January 20th. Citigroup upgraded shares of Siemens Energy to a "hold" rating in a research note on Wednesday, October 9th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Siemens Energy currently has an average rating of "Hold".

Siemens Energy Stock Performance

Shares of Siemens Energy stock traded down $0.35 during trading hours on Tuesday, hitting $56.44. The company's stock had a trading volume of 185,758 shares, compared to its average volume of 383,130. The company has a market cap of $45.11 billion and a PE ratio of 38.39. The business has a 50 day moving average price of $54.12 and a two-hundred day moving average price of $41.89. Siemens Energy has a 12-month low of $14.09 and a 12-month high of $63.46.

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.