Straumann Holding AG (OTCMKTS:SAUHY) Short Interest Up 2,900.0% in March

Straumann Holding AG (OTCMKTS:SAUHY) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,000 shares, a growth of 2,900.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 96,300 shares, the short-interest ratio is presently 0.0 days.

Straumann Trading Down 3.9 %

Shares of OTCMKTS:SAUHY traded down $0.50 during mid-day trading on Thursday, reaching $12.32. The company had a trading volume of 34,917 shares, compared to its average volume of 62,277. The company’s 50-day moving average price is $13.71 and its 200-day moving average price is $13.72. Straumann has a one year low of $11.83 and a one year high of $16.90.

Straumann Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.0291 per share. This is an increase from Straumann’s previous dividend of $0.03. The ex-dividend date of this dividend is Tuesday, April 15th.

Wall Street Analyst Weigh In

Several brokerages have recently commented on SAUHY. William Blair upgraded Straumann to a “strong-buy” rating in a research note on Friday, January 24th. Berenberg Bank raised shares of Straumann to a “strong-buy” rating in a research report on Thursday, November 28th.

Straumann Company Profile

Straumann Holding AG provides tooth replacement and orthodontic solutions worldwide. It researches, develops, manufactures, and supplies dental implants, instruments, CADCAM prosthetics, orthodontic aligners, biomaterials, and digital solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss.