Short Interest in Siemens Energy AG (OTCMKTS:SMEGF) Drops By 34.0%

Siemens Energy AG (OTCMKTS:SMEGF) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 535,200 shares, a decline of 34.0% from the January 31st total of 810,600 shares. Based on an average daily volume of 20,900 shares, the short-interest ratio is presently 25.6 days.

Siemens Energy Stock Up 0.6 %

OTCMKTS SMEGF opened at $56.93 on Friday. Siemens Energy has a 1-year low of $14.82 and a 1-year high of $68.26. The business’s 50-day simple moving average is $56.91 and its 200-day simple moving average is $46.06.

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.