Short Interest in Salzgitter AG (OTCMKTS:SZGPY) Declines By 89.3%

Posted by Francis Steltz on Sep 12th, 2026

Salzgitter AG (OTCMKTS:SZGPY – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 148 shares, a decrease of 89.3% from the August 15th total of 1,378 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 405 shares, the days-to-cover ratio is presently 0.4 days.

Salzgitter Stock Performance

Shares of SZGPY stock opened at $6.84 on Friday. Salzgitter has a 12 month low of $2.60 and a 12 month high of $7.99. The stock has a market cap of $3.70 billion, a PE ratio of 57.00 and a beta of 1.70. The company’s fifty day moving average price is $6.11 and its 200-day moving average price is $5.87.

Salzgitter (OTCMKTS:SZGPY – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The basic materials company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.15). Salzgitter had a return on equity of 1.30% and a net margin of 0.65%.The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.42 billion. On average, sell-side analysts forecast that Salzgitter will post 0.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Zacks Research upgraded shares of Salzgitter to a “hold” rating in a report on Thursday, July 16th. Citigroup reiterated a “neutral” rating on shares of Salzgitter in a report on Wednesday, May 20th. Morgan Stanley raised Salzgitter from an “underweight” rating to an “overweight” rating in a research report on Monday, June 1st. Jefferies Financial Group upgraded Salzgitter from a “hold” rating to a “buy” rating in a research report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Salzgitter in a report on Friday, September 4th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on SZGPY

Salzgitter Company Profile

(Get Free Report)

Salzgitter AG is a Germany-based industrial group headquartered in Salzgitter, Lower Saxony. Its core business is the production and processing of steel products, including flat steel, heavy plate, structural steel, and precision steel tubes. The company supplies products to customers in industries such as automotive manufacturing, construction, mechanical engineering, energy, and infrastructure.

The Salzgitter Group operates through several business areas, including steel production, steel processing, trading, and technology.