Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Update

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 25,228 shares, an increase of 216.1% from the February 26th total of 7,981 shares. Based on an average daily trading volume, of 173,477 shares, the days-to-cover ratio is currently 0.1 days.

Hensoldt Trading Down 6.4%

Hensoldt stock opened at $7.92 on Friday. Hensoldt has a one year low of $5.89 and a one year high of $13.74. The stock has a fifty day moving average of $38.59 and a 200 day moving average of $46.70.

Wall Street Analyst Weigh In

Several analysts have commented on HAGHY shares. Jefferies Financial Group upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Zacks Research downgraded Hensoldt from a “hold” rating to a “strong sell” rating in a report on Friday, March 6th. Finally, Kepler Capital Markets upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Three research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Hensoldt Company Profile

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.