Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Stock Short Interest Report for October

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 12,678 shares, a decline of 62.8% from the September 30th total of 34,089 shares. Based on an average daily volume of 219,015 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Hensoldt in a research note on Thursday, August 13th. Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Hensoldt Trading Up 2.6%

Shares of HAGHY stock traded up $0.25 on Thursday, reaching $9.80. 1,530 shares of the stock were exchanged, compared to its average volume of 144,804. The firm has a 50 day moving average of $9.25 and a two-hundred day moving average of $17.20. Hensoldt has a 1-year low of $7.18 and a 1-year high of $11.37.

Hensoldt Company Profile

HENSOLDT AG is a Germany-based defense electronics company that develops and supplies sensor solutions for military and security applications. Its portfolio includes radar systems, electronic warfare and signals intelligence solutions, optronics, avionics, and integrated mission systems designed to support situational awareness and threat detection.

The company serves customers across air, land, sea, and space domains. Its products are used in applications such as air defense, reconnaissance, surveillance, border protection, and the modernization of military platforms.