Straumann Holding AG (OTCMKTS:SAUHY) Stock Short Interest Report for October

Straumann Holding AG (OTCMKTS:SAUHY) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,042,331 shares, a growth of 3,762.9% from the October 15th total of 26,983 shares. Based on an average trading volume of 998,921 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. The Goldman Sachs Group raised Straumann from a “neutral” rating to a “buy” rating in a report on Monday, September 14th. Deutsche Bank cut Straumann from a “buy” rating to a “hold” rating in a report on Friday, August 21st. UBS Group upgraded shares of Straumann from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 1st. Citigroup restated a “sell” rating on shares of Straumann in a research report on Wednesday, October 21st. Finally, Berenberg Bank raised shares of Straumann to a “strong-buy” rating in a research note on Thursday, September 17th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Straumann has a consensus rating of “Moderate Buy”.

Straumann Stock Performance

OTCMKTS SAUHY opened at $12.84 on Thursday. Straumann has a 52 week low of $9.44 and a 52 week high of $13.61. The stock’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $11.68.

Straumann Company Profile

Straumann Group is a Swiss dental technology company that develops and supplies products and services for tooth replacement and oral tissue regeneration. Its offerings include dental implant systems, prosthetic components, biomaterials and related solutions used by dental professionals and laboratories. The company also provides digital dentistry technologies and services, including tools for treatment planning and dental restoration, as well as orthodontic products such as clear aligners through its ClearCorrect brand.