Short Interest in Straumann Holding AG (OTCMKTS:SAUHY) Increases By 1,008.0%

Straumann Holding AG (OTCMKTS:SAUHY - Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 27,700 shares, a growth of 1,008.0% from the April 30th total of 2,500 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 172,200 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Wells Fargo & Company upgraded shares of Straumann to a "strong-buy" rating in a research report on Wednesday, April 9th.

Straumann Trading Down 0.6%

OTCMKTS:SAUHY traded down $0.08 during trading hours on Monday, reaching $12.83. 172,585 shares of the stock were exchanged, compared to its average volume of 82,069. Straumann has a 52 week low of $10.30 and a 52 week high of $16.90. The firm has a 50 day simple moving average of $12.27 and a 200-day simple moving average of $12.93.

Straumann Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th were paid a $0.0291 dividend. The ex-dividend date of this dividend was Tuesday, April 15th. This is an increase 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.