Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Stock Short Interest Report for October

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 48,719 shares, a growth of 284.3% from the October 15th total of 12,678 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 177,543 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HAGHY. Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Deutsche Bank reaffirmed a “buy” rating on shares of Hensoldt in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Hensoldt currently has an average rating of “Moderate Buy”.

Hensoldt Stock Down 4.7%

OTCMKTS HAGHY traded down $0.43 during trading hours on Thursday, reaching $8.71. The company’s stock had a trading volume of 341,162 shares, compared to its average volume of 144,574. The firm has a fifty day simple moving average of $9.07 and a 200-day simple moving average of $15.04. Hensoldt has a 52 week low of $7.18 and a 52 week high of $11.37.

About Hensoldt

HENSOLDT AG is a German defense and security technology company that develops sensor systems and related electronics for military and civilian customers. Its main areas of activity include radar, optronics, electronic warfare and avionics. The company’s products and services support tasks such as air defense, surveillance, reconnaissance, aircraft navigation and threat detection. HENSOLDT also provides system integration, software and lifecycle support for its equipment. HENSOLDT was established in 2017, bringing together defense electronics businesses formerly owned by Airbus.