Siemens Energy AG (OTCMKTS:SMNEY) Sees Large Increase in Short Interest

Siemens Energy AG (OTCMKTS:SMNEY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 700 shares, an increase of 75.0% from the February 29th total of 400 shares. Based on an average trading volume of 35,900 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Energy Trading Up 3.4 %

Shares of SMNEY traded up $0.60 during midday trading on Thursday, hitting $18.33. The stock had a trading volume of 24,718 shares, compared to its average volume of 20,528. Siemens Energy has a 1 year low of $7.21 and a 1 year high of $26.44. The stock’s 50 day moving average is $15.38 and its 200 day moving average is $13.21.

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.