Hexagon AB (publ) (OTCMKTS:HXGBY) Short Interest Down 60.1% in December

Posted by Joseph Casey on Jan 14th, 2025

Hexagon AB (publ) (OTCMKTS:HXGBY – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 84,300 shares, a decline of 60.1% from the December 15th total of 211,500 shares. Based on an average daily volume of 413,500 shares, the days-to-cover ratio is currently 0.2 days.

Hexagon AB (publ) Stock Down 0.4 %

OTCMKTS:HXGBY traded down $0.04 during trading hours on Tuesday, hitting $9.42. The company had a trading volume of 176,675 shares, compared to its average volume of 152,525. The company has a 50-day moving average of $9.22 and a 200 day moving average of $9.82. Hexagon AB has a 1 year low of $8.14 and a 1 year high of $12.35.

Hexagon AB (publ) (OTCMKTS:HXGBY – Get Free Report) last issued its earnings results on Friday, October 25th. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $1.43 billion during the quarter.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded Hexagon AB (publ) from a “strong sell” rating to a “hold” rating in a report on Thursday, October 31st.

Read Our Latest Analysis on Hexagon AB (publ)

About Hexagon AB (publ)

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Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.