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

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the target of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 16,900 shares, a decline of 27.8% from the November 15th total of 23,400 shares. Based on an average daily volume of 241,600 shares, the short-interest ratio is presently 0.1 days.

Siemens Aktiengesellschaft Price Performance

SIEGY stock traded down $0.73 on Friday, reaching $100.35. 84,054 shares of the company’s stock were exchanged, compared to its average volume of 143,755. Siemens Aktiengesellschaft has a twelve month low of $83.64 and a twelve month high of $103.19. The company has a quick ratio of 1.13, a current ratio of 1.40 and a debt-to-equity ratio of 0.73. The stock has a fifty day moving average of $98.44 and a 200-day moving average of $94.89. The firm has a market cap of $160.56 billion, a PE ratio of 17.95, a P/E/G ratio of 2.36 and a beta of 1.28.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SIEGY. Bank of America downgraded Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Tuesday, November 19th. Hsbc Global Res upgraded shares of Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th. Finally, Citigroup raised shares of 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.