Short Interest in Siemens Energy AG (OTCMKTS:SMEGF) Rises By 18.0%

Siemens Energy AG (OTCMKTS:SMEGF) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 631,600 shares, a growth of 18.0% from the February 13th total of 535,200 shares. Based on an average trading volume of 13,000 shares, the days-to-cover ratio is presently 48.6 days.

Siemens Energy Stock Performance

Shares of OTCMKTS:SMEGF traded down $0.61 during mid-day trading on Wednesday, hitting $66.42. The company had a trading volume of 3,845 shares, compared to its average volume of 19,927. The firm has a fifty day moving average price of $58.82 and a 200 day moving average price of $49.02. Siemens Energy has a one year low of $15.74 and a one year high of $68.26.

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.