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

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 8,161 shares, a growth of 77.8% from the January 15th total of 4,590 shares. Based on an average daily volume of 31,785 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 31,785 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HAGHY. Cantor Fitzgerald upgraded shares of Hensoldt to a “strong-buy” rating in a research report on Friday, November 7th. Citigroup raised shares of Hensoldt from a “hold” rating to a “buy” rating in a research report on Friday, November 14th. DZ Bank raised Hensoldt to a “strong-buy” rating in a report on Friday, October 31st. Finally, Zacks Research lowered Hensoldt from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Hensoldt Stock Up 2.9%

Shares of HAGHY traded up $1.36 during trading hours on Friday, reaching $48.02. 4,224 shares of the stock traded hands, compared to its average volume of 13,060. The company’s 50-day moving average price is $47.06 and its two-hundred day moving average price is $50.81. Hensoldt has a 52-week low of $21.40 and a 52-week high of $68.70.

About Hensoldt

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.