Straumann Holding AG (OTCMKTS:SAUHY) Short Interest Up 329.5% in May

Straumann Holding AG (OTCMKTS:SAUHY) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 205,953 shares, an increase of 329.5% from the April 30th total of 47,951 shares. Based on an average trading volume of 225,996 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

Straumann Price Performance

Shares of OTCMKTS:SAUHY opened at $12.10 on Friday. The firm has a 50 day simple moving average of $10.80 and a 200 day simple moving average of $11.52. Straumann has a one year low of $9.44 and a one year high of $14.11.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Citigroup reaffirmed a “sell” rating on shares of Straumann in a report on Thursday, April 23rd. Morgan Stanley reaffirmed an “underweight” rating on shares of Straumann in a report on Tuesday, April 14th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Straumann presently has a consensus rating of “Reduce”.

About Straumann

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.