Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Up 1,884.4% in November

Siemens Energy AG (OTCMKTS:SMNEY) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 63,500 shares, an increase of 1,884.4% from the October 31st total of 3,200 shares. Based on an average daily volume of 1,540,400 shares, the days-to-cover ratio is presently 0.0 days.

Siemens Energy Trading Down 1.9 %

Shares of SMNEY stock traded down $0.97 during trading hours on Wednesday, hitting $50.58. 37,942 shares of the company were exchanged, compared to its average volume of 100,224. Siemens Energy has a 52-week low of $10.95 and a 52-week high of $52.40. The firm has a fifty day simple moving average of $41.32 and a 200 day simple moving average of $32.31. The stock has a market capitalization of $40.43 billion and a price-to-earnings ratio of 34.41.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Sanford C. Bernstein upgraded shares of Siemens Energy to a “strong sell” rating in a research report on Thursday, August 8th. Citigroup upgraded shares of Siemens Energy to a “hold” rating in a report on Wednesday, October 9th. UBS Group upgraded shares of Siemens Energy to a “hold” rating in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group upgraded Siemens Energy to a “strong-buy” rating in a report on Thursday, August 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Siemens Energy has an average rating of “Moderate Buy”.

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.