Siemens Healthineers AG (OTCMKTS:SMMNY) Sees Significant Drop in Short Interest

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

Siemens Healthineers Trading Down 1.5 %

Shares of Siemens Healthineers stock traded down $0.41 on Friday, hitting $27.85. The company had a trading volume of 48,770 shares, compared to its average volume of 62,423. The business has a 50-day simple moving average of $27.86 and a 200-day simple moving average of $27.74. Siemens Healthineers has a 52 week low of $25.54 and a 52 week high of $31.73.

Siemens Healthineers (OTCMKTS:SMMNY) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.11).

Siemens Healthineers Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.4862 per share. The ex-dividend date is Thursday, February 20th. This is a positive change from Siemens Healthineers’s previous dividend of $0.31.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upgraded shares of Siemens Healthineers to a “strong-buy” rating in a research report on Thursday, January 30th.

About Siemens Healthineers

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.