Straumann Holding AG (OTCMKTS:SAUHY) Sees Significant Decrease in Short Interest

Straumann Holding AG (OTCMKTS:SAUHY) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 95.2% from the February 13th total of 2,100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 72,800 shares, the days-to-cover ratio is presently 0.0 days.

Straumann Price Performance

Shares of OTCMKTS:SAUHY traded up $0.08 during trading on Wednesday, hitting $12.83. 50,555 shares of the stock were exchanged, compared to its average volume of 63,403. The company has a fifty day moving average price of $13.67 and a two-hundred day moving average price of $13.83. Straumann has a 12-month low of $11.83 and a 12-month high of $16.96.

Analysts Set New Price Targets

A number of research firms have commented on SAUHY. William Blair raised Straumann to a “strong-buy” rating in a report on Friday, January 24th. Berenberg Bank upgraded shares of Straumann to a “strong-buy” rating in a research note on Thursday, November 28th.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.