Siemens Aktiengesellschaft (OTCMKTS:SMAWF) Sees Large Increase in Short Interest

Siemens Aktiengesellschaft (OTCMKTS:SMAWF) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 549,874 shares, an increase of 34.4% from the January 15th total of 409,215 shares. Based on an average daily volume of 2,072 shares, the days-to-cover ratio is currently 265.4 days. Based on an average daily volume of 2,072 shares, the days-to-cover ratio is currently 265.4 days.

Hedge Funds Weigh In On Siemens Aktiengesellschaft

Several institutional investors have recently made changes to their positions in the stock. Boston Common Asset Management LLC raised its position in shares of Siemens Aktiengesellschaft by 12.4% during the 3rd quarter. Boston Common Asset Management LLC now owns 153,558 shares of the company’s stock worth $41,355,000 after purchasing an additional 16,965 shares during the period. Generali Investments CEE investicni spolecnost a.s. increased its position in Siemens Aktiengesellschaft by 0.4% in the third quarter. Generali Investments CEE investicni spolecnost a.s. now owns 44,788 shares of the company’s stock worth $12,060,000 after buying an additional 177 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Siemens Aktiengesellschaft by 51.8% in the third quarter. GAMMA Investing LLC now owns 545 shares of the company’s stock valued at $146,000 after buying an additional 186 shares during the last quarter. 23.99% of the stock is owned by institutional investors.

Siemens Aktiengesellschaft Stock Performance

Siemens Aktiengesellschaft stock opened at $303.31 on Tuesday. Siemens Aktiengesellschaft has a 1 year low of $185.93 and a 1 year high of $325.59. The firm’s 50-day moving average is $293.04 and its 200-day moving average is $279.51.

About Siemens Aktiengesellschaft

Siemens Aktiengesellschaft is a German multinational conglomerate headquartered in Munich, renowned for its role as a global leader in electrification, automation and digitalization. Founded in 1847 by Werner von Siemens, the company has grown into one of the world’s largest industrial manufacturing enterprises. Siemens operates across numerous geographies, serving customers in Europe, the Americas, Asia-Pacific, the Middle East and Africa, with a broad network of production facilities, research centers and sales offices.

The company is organized into key divisions that address critical infrastructure and industry needs.