Straumann Holding AG (OTCMKTS:SAUHY) Sees Significant Growth in Short Interest

Straumann Holding AG (OTCMKTS:SAUHY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,471 shares, a growth of 346.7% from the August 15th total of 1,001 shares. Based on an average daily trading volume, of 81,714 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of brokerages have recently commented on SAUHY. Deutsche Bank Aktiengesellschaft lowered Straumann from a “buy” rating to a “hold” rating in a report on Friday, August 21st. Citigroup reiterated a “sell” rating on shares of Straumann in a report on Thursday, July 9th. Morgan Stanley reissued an “underweight” rating on shares of Straumann in a research report on Tuesday, June 30th. BMO Capital Markets began coverage on shares of Straumann in a report on Wednesday, July 8th. They set an “outperform” rating for the company. Finally, Barclays reiterated an “overweight” rating on shares of Straumann in a research note on Thursday, June 18th. Three 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Straumann Price Performance

OTCMKTS SAUHY opened at $11.47 on Friday. The stock has a 50-day simple moving average of $12.19 and a 200 day simple moving average of $11.61. Straumann has a twelve month low of $9.44 and a twelve month high of $13.61.

About Straumann

Straumann Group is a Switzerland-based dental technology company that develops, manufactures and distributes products used in implant, restorative and orthodontic dentistry. Its portfolio includes dental implants, prosthetic components, biomaterials, digital dentistry systems, clear aligners and related instruments and services.

The company serves dental professionals, laboratories and patients through brands including Straumann, Neodent, ClearCorrect and Medentika. Its solutions are used in tooth replacement, oral tissue regeneration, orthodontic treatment and digitally integrated dental workflows.

Founded in 1954, Straumann has expanded from its Swiss origins into a global business serving customers across Europe, North America, Latin America, Asia-Pacific and other international markets.