ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Sees Large Growth in Short Interest

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 6,258 shares, an increase of 625,700.0% from the April 30th total of 1 shares. Based on an average daily volume of 9,213 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMSSY. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on AMSSY

ams-OSRAM Trading Down 5.0%

Shares of OTCMKTS AMSSY traded down $0.71 during mid-day trading on Wednesday, hitting $13.60. 22,543 shares of the company traded hands, compared to its average volume of 3,125. ams-OSRAM has a 1 year low of $4.19 and a 1 year high of $15.10. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of -11.43 and a beta of 1.52. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The business has a 50 day moving average of $7.94 and a two-hundred day moving average of $6.15.

About ams-OSRAM

(Get Free Report)

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.

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