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

Straumann Holding AG (OTCMKTS:SAUHY) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 1,880 shares, a decrease of 93.9% from the May 31st total of 30,585 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 124,355 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

SAUHY has been the topic of a number of recent analyst reports. Citigroup restated a “sell” rating on shares of Straumann in a report on Thursday, April 23rd. Barclays restated an “overweight” rating on shares of Straumann in a report on Thursday, June 18th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Straumann in a report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Straumann currently has an average rating of “Hold”.

Straumann Stock Down 0.8%

Shares of SAUHY stock traded down $0.10 on Friday, reaching $13.09. The company had a trading volume of 11,025 shares, compared to its average volume of 163,000. The business’s 50-day moving average is $11.53 and its 200 day moving average is $11.55. Straumann has a one year low of $9.44 and a one year high of $14.11.

Straumann Company Profile

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.