Straumann Holding AG (OTCMKTS:SAUHY) Short Interest Update

Straumann Holding AG (OTCMKTS:SAUHY – Get Rating) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 21,900 shares, a decline of 44.4% from the April 30th total of 39,400 shares. Based on an average trading volume of 120,600 shares, the short-interest ratio is currently 0.2 days.

Straumann Stock Performance

Shares of Straumann stock opened at $14.78 on Friday. The company has a fifty day simple moving average of $14.98 and a 200-day simple moving average of $13.35. Straumann has a 12-month low of $8.65 and a 12-month high of $16.03.

Straumann Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 28th. Investors of record on Wednesday, April 12th were paid a dividend of $0.0493 per share. The ex-dividend date was Tuesday, April 11th. This represents a yield of 0.37%. This is a boost from Straumann’s previous dividend of $0.04.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SAUHY. UBS Group raised shares of Straumann from a “sell” rating to a “neutral” rating in a research note on Thursday, February 23rd. Sanford C. Bernstein assumed coverage on shares of Straumann in a research note on Friday, May 12th. They set an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Straumann presently has an average rating of “Hold” and a consensus target price of $140.50.

About Straumann

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Straumann Holding AG engages in the provision of implant, restorative, and regenerative dentistry solutions to dental professionals and laboratories. It operates through the following segments: Sales Western Europe, Sales Central Eastern Europe, Middle East and Africa (CEEMEA), Sales North America (NAM), Sales Asia Pacific (APAC), Sales Latin America (LATAM), and Operations.