Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Shares Shorted: Short Interest Down 77.4% in September

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 9,333 shares, a decline of 77.4% from the August 31st total of 41,371 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 215,786 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Hensoldt currently has an average rating of “Buy”.

Hensoldt Trading Down 0.1%

HAGHY traded down $0.01 during trading hours on Friday, hitting $8.62. The stock had a trading volume of 315,347 shares, compared to its average volume of 87,082. Hensoldt has a 1 year low of $7.18 and a 1 year high of $13.74. The company’s fifty day simple moving average is $9.60 and its 200 day simple moving average is $9.65.

Hensoldt Company Profile

HENSOLDT AG is a Germany-based defense electronics company that develops sensor solutions for the armed forces and security organizations. Its portfolio includes radar systems, electro-optical and infrared sensors, electronic warfare equipment, avionics, and systems that combine information from multiple sensors to support surveillance, reconnaissance, target detection, and situational awareness.

The company supplies products for land, air, naval, and space-related applications. Its offerings include air-defense and ground-surveillance radars, military identification systems, reconnaissance and observation equipment, submarine and naval sensors, and specialized solutions for aircraft and unmanned systems.