Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Up 133.3% in July

Siemens Energy AG (OTCMKTS:SMNEY) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 700 shares, a growth of 133.3% from the June 30th total of 300 shares. Based on an average daily trading volume, of 79,600 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded Siemens Energy to a “strong-buy” rating in a research report on Tuesday, June 25th.

Siemens Energy Stock Up 2.1 %

SMNEY traded up $0.56 during trading on Friday, reaching $27.45. The stock had a trading volume of 150,397 shares, compared to its average volume of 34,720. The business has a 50-day moving average of $26.99 and a 200-day moving average of $20.73. Siemens Energy has a one year low of $7.21 and a one year high of $30.30.

About Siemens Energy

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.