Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Sees Large Increase in Short Interest

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 90,956 shares, an increase of 78.4% from the June 15th total of 50,998 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 509,980 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

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Hensoldt Price Performance

Shares of OTCMKTS:HAGHY opened at $8.29 on Friday. The stock’s 50-day moving average price is $8.80 and its two-hundred day moving average price is $23.26. Hensoldt has a 12-month low of $7.18 and a 12-month high of $13.74.

Hensoldt Company Profile

(Get Free Report)

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.

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