Straumann Holding AG (OTCMKTS:SAUHY) Sees Large Growth in Short Interest

Straumann Holding AG (OTCMKTS:SAUHY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,000 shares, a growth of 2,900.0% from the February 28th total of 100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 96,300 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

SAUHY has been the subject of several analyst reports. Berenberg Bank raised Straumann to a “strong-buy” rating in a report on Thursday, November 28th. William Blair upgraded Straumann to a “strong-buy” rating in a report on Friday, January 24th.

Straumann Stock Down 3.9 %

Shares of OTCMKTS:SAUHY traded down $0.50 during mid-day trading on Wednesday, hitting $12.32. The stock had a trading volume of 34,917 shares, compared to its average volume of 62,277. Straumann has a 12-month low of $11.83 and a 12-month high of $16.90. The company’s 50 day moving average is $13.73 and its 200-day moving average is $13.73.

Straumann Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 15th will be issued a $0.0291 dividend. The ex-dividend date is Tuesday, April 15th. This is a positive change from Straumann’s previous dividend of $0.03.

About Straumann

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.