Siemens AG (OTCMKTS:SIEGY) Short Interest Up 68.7% in May

Siemens AG (OTCMKTS:SIEGY - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 59,200 shares, an increase of 68.7% from the May 15th total of 35,100 shares. Based on an average daily volume of 356,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Siemens Stock Performance

Shares of OTCMKTS:SIEGY traded down $1.59 during trading on Wednesday, hitting $120.87. 99,026 shares of the stock were exchanged, compared to its average volume of 299,131. The company has a market capitalization of $193.39 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 2.65 and a beta of 1.17. The company's fifty day simple moving average is $118.47 and its 200-day simple moving average is $112.22. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.98 and a current ratio of 1.19. Siemens has a 1-year low of $83.64 and a 1-year high of $131.87.

Siemens (OTCMKTS:SIEGY - Get Free Report) last posted its earnings results on Thursday, May 15th. The technology company reported $1.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.22. The business had revenue of $22.15 billion during the quarter, compared to analysts' expectations of $19.28 billion. Siemens had a return on equity of 13.19% and a net margin of 12.61%. Sell-side analysts expect that Siemens will post 6.59 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Royal Bank Of Canada downgraded Siemens from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, March 19th. Wall Street Zen downgraded shares of Siemens from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Four equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold".

Siemens Company Profile

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.