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

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Citigroup raised 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 note on Thursday, August 8th. The Goldman Sachs Group raised shares of Siemens Energy to a “strong-buy” rating in a report on Thursday, August 8th. Finally, Sanford C. Bernstein raised shares of Siemens Energy to a “strong sell” 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Siemens Energy has an average rating of “Moderate Buy”.

Siemens Energy Trading Up 1.4 %

Shares of SMNEY traded up $0.73 during trading hours on Thursday, reaching $51.31. 30,338 shares of the company’s stock traded hands, compared to its average volume of 99,920. Siemens Energy has a 12 month low of $10.95 and a 12 month high of $52.40. The stock has a market cap of $41.01 billion and a PE ratio of 34.90. The firm’s 50 day simple moving average is $41.66 and its 200-day simple moving average is $32.44.

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.