Short Interest in Siemens Energy AG (OTCMKTS:SMNEY) Grows By 99.3%

Siemens Energy AG (OTCMKTS:SMNEY - Get Free Report) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 30,300 shares, an increase of 99.3% from the May 15th total of 15,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 366,600 shares, the short-interest ratio is presently 0.1 days.

Siemens Energy Price Performance

Shares of SMNEY traded down $0.06 during trading hours on Tuesday, hitting $101.72. The stock had a trading volume of 388,348 shares, compared to its average volume of 288,829. The firm has a 50 day simple moving average of $84.55 and a 200-day simple moving average of $66.92. Siemens Energy has a 1-year low of $24.56 and a 1-year high of $103.69. The firm has a market capitalization of $81.31 billion and a P/E ratio of 462.36.

Siemens Energy (OTCMKTS:SMNEY - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.52 earnings per share for the quarter. The business had revenue of $10.48 billion for the quarter. Equities analysts predict that Siemens Energy will post 0.24 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on SMNEY shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Siemens Energy in a research report on Thursday, March 27th. Morgan Stanley restated an "overweight" rating on shares of Siemens Energy in a research report on Tuesday, May 27th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Siemens Energy has an average rating of "Moderate Buy".

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.