Siemens Energy AG (OTCMKTS:SMEGF) Short Interest Up 107.2% in January

Siemens Energy AG (OTCMKTS:SMEGF) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 810,600 shares, a growth of 107.2% from the January 15th total of 391,300 shares. Based on an average daily volume of 71,100 shares, the days-to-cover ratio is currently 11.4 days.

Siemens Energy Trading Up 2.2 %

Shares of SMEGF traded up $1.36 during mid-day trading on Thursday, reaching $64.10. The company had a trading volume of 2,032 shares, compared to its average volume of 18,618. The company’s 50-day moving average is $55.05 and its 200-day moving average is $43.20. Siemens Energy has a twelve month low of $14.06 and a twelve month high of $65.00.

Siemens Energy Company Profile

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.