Short Interest in Siemens AG (OTCMKTS:SIEGY) Rises By 160.9%

Siemens AG (OTCMKTS:SIEGY) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 104,231 shares, a growth of 160.9% from the June 15th total of 39,947 shares. Based on an average daily trading volume, of 376,912 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Barclays reiterated an “underweight” rating on shares of Siemens in a research note on Monday, July 6th. Kepler Capital Markets raised shares of Siemens from a “strong sell” rating to a “hold” rating in a report on Friday, July 3rd. Evercore reiterated an “outperform” rating on shares of Siemens in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Siemens in a research report on Tuesday, June 30th. Finally, HSBC raised shares of Siemens from a “hold” rating to a “buy” rating in a report on Tuesday, April 28th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Siemens presently has a consensus rating of “Hold”.

Siemens Stock Down 1.5%

Shares of SIEGY stock opened at $153.67 on Tuesday. The company’s fifty day simple moving average is $155.90 and its two-hundred day simple moving average is $145.57. Siemens has a 52 week low of $115.56 and a 52 week high of $163.00. The stock has a market cap of $240.34 billion, a P/E ratio of 27.09 and a beta of 1.38. The company has a quick ratio of 1.16, a current ratio of 1.39 and a debt-to-equity ratio of 0.59.

Siemens (OTCMKTS:SIEGY) last issued its quarterly earnings data on Wednesday, May 13th. The technology company reported $1.43 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.13). Siemens had a net margin of 9.68% and a return on equity of 11.14%. The firm had revenue of $23.13 billion for the quarter, compared to analysts’ expectations of $23.48 billion. Siemens has set its FY 2026 guidance at 6.228-6.461 EPS. Analysts predict that Siemens will post 6.37 EPS for the current fiscal year.

About Siemens

Siemens AG is a German multinational conglomerate headquartered in Munich that develops and sells infrastructure and industrial technology. The company’s activities cover a broad range of engineering and technology solutions, including industrial automation and control systems, software for product lifecycle and factory automation, building and energy management systems, and transportation solutions such as rolling stock and rail signaling. Siemens serves industrial, commercial and public-sector customers with products and turnkey systems as well as lifecycle services and digital solutions.

Siemens operates through multiple business units that emphasize digitalization, electrification and automation across industries.