Short Interest in Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Expands By 158.9%

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 24,600 shares, a growth of 158.9% from the January 31st total of 9,500 shares. Based on an average daily trading volume, of 572,700 shares, the days-to-cover ratio is presently 0.0 days.

Siemens Aktiengesellschaft Price Performance

Shares of OTCMKTS:SIEGY traded up $0.33 on Friday, reaching $113.86. 154,085 shares of the company were exchanged, compared to its average volume of 237,443. Siemens Aktiengesellschaft has a 1-year low of $83.64 and a 1-year high of $119.24. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 0.73. The company has a 50-day moving average of $105.99 and a 200-day moving average of $99.74. The firm has a market cap of $182.18 billion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 3.27 and a beta of 1.28.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $1.10 EPS for the quarter, topping the consensus estimate of $1.05 by $0.05. Siemens Aktiengesellschaft had a net margin of 12.41% and a return on equity of 13.82%. The business had revenue of $19.58 billion for the quarter, compared to analyst estimates of $18.70 billion. Equities analysts forecast that Siemens Aktiengesellschaft will post 6.59 earnings per share for the current fiscal year.

Siemens Aktiengesellschaft Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 14th were issued a $2.6907 dividend. This is a positive change from Siemens Aktiengesellschaft’s previous dividend of $1.88. The ex-dividend date of this dividend was Friday, February 14th. Siemens Aktiengesellschaft’s dividend payout ratio is 30.72%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SIEGY shares. Bank of America cut shares of Siemens Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, November 19th. Hsbc Global Res raised shares of Siemens Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, December 5th.

Siemens Aktiengesellschaft Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.