Short Interest in ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Decreases By 59.2%

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,444 shares, a decline of 59.2% from the May 31st total of 3,541 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 15,371 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

AMSSY has been the topic of a number of recent analyst reports. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, ams-OSRAM has an average rating of “Hold”.

ams-OSRAM Trading Down 1.1%

OTCMKTS:AMSSY opened at $10.80 on Wednesday. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The business’s 50-day simple moving average is $11.01 and its 200-day simple moving average is $7.30. ams-OSRAM has a fifty-two week low of $4.19 and a fifty-two week high of $15.10. The stock has a market capitalization of $2.16 billion, a PE ratio of -9.08 and a beta of 1.72.

About ams-OSRAM

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.