Siemens AG (OTCMKTS:SIEGY) Sees Significant Increase in Short Interest

Siemens AG (OTCMKTS:SIEGY) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 50,866 shares, an increase of 125.9% from the September 15th total of 22,515 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 349,265 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Siemens

A hedge fund recently raised its stake in Siemens stock. Ferguson Wellman Capital Management Inc. grew its stake in Siemens AG (OTCMKTS:SIEGY) by 0.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 210,670 shares of the technology company’s stock after purchasing an additional 655 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Siemens were worth $33,899,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.75% of the company’s stock.

Siemens Stock Performance

OTCMKTS:SIEGY opened at $153.64 on Wednesday. The stock has a 50-day simple moving average of $158.11 and a two-hundred day simple moving average of $152.82. The firm has a market capitalization of $240.29 billion, a PE ratio of 26.03, a P/E/G ratio of 10.28 and a beta of 1.41. Siemens has a 52-week low of $115.56 and a 52-week high of $169.47. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.18 and a current ratio of 1.44.

Siemens (OTCMKTS:SIEGY) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $1.69 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.19. Siemens had a return on equity of 11.13% and a net margin of 9.79%. The business had revenue of $24.02 billion for the quarter, compared to analysts’ expectations of $23.57 billion. Siemens has set its FY 2026 guidance at 6.510-6.685 EPS. Analysts forecast that Siemens will post 6.34 EPS for the current year.

Analyst Ratings Changes

SIEGY has been the topic of a number of analyst reports. Barclays restated an “underweight” rating on shares of Siemens in a research report on Monday, July 6th. Kepler Capital Markets raised shares of Siemens from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Siemens in a research note on Monday, August 3rd. Erste Group Bank upgraded shares of Siemens from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Finally, Evercore downgraded shares of Siemens from an “outperform” rating to a “hold” rating in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

About Siemens

Siemens AG is a German technology company that provides products, software and services for industry, infrastructure, mobility and healthcare. Its offerings include industrial automation and control systems, manufacturing software, building-management and electrification technologies, energy distribution equipment, rail vehicles and transportation infrastructure, and digital solutions designed to improve operational efficiency and sustainability.

The company operates through businesses including Digital Industries, Smart Infrastructure and Mobility.