Short Interest in Siemens Energy AG (OTCMKTS:SMEGF) Drops By 64.5%

Siemens Energy AG (OTCMKTS:SMEGF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 342,300 shares, a drop of 64.5% from the November 30th total of 964,800 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 42.3 days.

Siemens Energy Trading Down 0.3 %

Siemens Energy stock traded down $0.14 during midday trading on Friday, reaching $53.50. 540 shares of the stock traded hands, compared to its average volume of 6,653. Siemens Energy has a fifty-two week low of $12.18 and a fifty-two week high of $56.25. The firm has a fifty day moving average price of $48.28 and a two-hundred day moving average price of $36.26.

Siemens Energy Company Profile

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.