Siemens Healthineers AG (OTCMKTS:SMMNY) Short Interest Update

Siemens Healthineers AG (OTCMKTS:SMMNY) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 2,100 shares, a decline of 89.4% from the January 31st total of 19,800 shares. Based on an average daily trading volume, of 63,500 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Siemens Healthineers to a “strong-buy” rating in a research note on Thursday, January 30th.

Siemens Healthineers Price Performance

SMMNY traded down $0.41 during trading on Thursday, hitting $27.85. The company’s stock had a trading volume of 48,770 shares, compared to its average volume of 62,423. Siemens Healthineers has a twelve month low of $25.54 and a twelve month high of $31.73. The stock’s fifty day moving average price is $27.84 and its 200-day moving average price is $27.74.

Siemens Healthineers (OTCMKTS:SMMNY) last issued its earnings results on Thursday, February 6th. The company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.11).

Siemens Healthineers Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 7th. Investors of record on Thursday, February 20th will be issued a dividend of $0.4862 per share. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from Siemens Healthineers’s previous dividend of $0.31.

Siemens Healthineers Company Profile

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.