Short Interest in Sixt SE (OTCMKTS:SIXGF) Drops By 40.7%

Sixt SE (OTCMKTS:SIXGF) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 3,242 shares, a decline of 40.7% from the November 30th total of 5,464 shares. Based on an average daily trading volume, of 23 shares, the days-to-cover ratio is currently 141.0 days. Based on an average daily trading volume, of 23 shares, the days-to-cover ratio is currently 141.0 days.

Analyst Ratings Changes

Separately, UBS Group initiated coverage on shares of Sixt in a report on Friday, September 5th. They set a “buy” rating on the stock. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

Sixt Stock Performance

OTCMKTS:SIXGF remained flat at $83.60 during midday trading on Friday. Sixt has a one year low of $78.40 and a one year high of $84.95. The business’s 50 day simple moving average is $84.04 and its two-hundred day simple moving average is $86.16.

About Sixt

Sixt SE is a global mobility service provider headquartered in Pullach, Germany, best known for its car rental services. The company operates a network of over 2,000 locations in more than 100 countries, offering short- and long-term vehicle rentals to leisure and business travelers. Its fleet includes a broad range of passenger vehicles, vans and premium models, and is supplemented by digital booking and fleet management tools designed to simplify the rental experience.

Beyond traditional car rental, Sixt has expanded into adjacent mobility solutions, including car leasing, ride-hailing and car-sharing services.