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

Siemens Healthineers AG (OTCMKTS:SMMNY) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 8,700 shares, a growth of 314.3% from the February 13th total of 2,100 shares. Based on an average trading volume of 81,700 shares, the days-to-cover ratio is presently 0.1 days.

Siemens Healthineers Trading Up 1.2 %

Siemens Healthineers stock opened at $28.50 on Thursday. Siemens Healthineers has a 12-month low of $25.54 and a 12-month high of $31.06. The firm’s fifty day moving average is $28.09 and its 200 day moving average is $27.74.

Siemens Healthineers (OTCMKTS:SMMNY) last announced 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 company also recently declared a dividend, which was paid on Friday, March 7th. Shareholders of record on Thursday, February 20th were issued a $0.4862 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This is a positive change from Siemens Healthineers’s previous dividend of $0.31.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded Siemens Healthineers to a “strong-buy” rating in a 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.