Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Update

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 35,095 shares, a growth of 39.1% from the March 15th total of 25,228 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 248,265 shares, the short-interest ratio is currently 0.1 days.

Hensoldt Stock Up 3.1%

OTCMKTS HAGHY traded up $0.28 during trading hours on Wednesday, hitting $9.46. 23,651 shares of the company’s stock traded hands, compared to its average volume of 85,601. Hensoldt has a 52-week low of $7.00 and a 52-week high of $13.74. The firm’s 50-day moving average is $27.72 and its 200-day moving average is $42.21.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HAGHY. Kepler Capital Markets raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Jefferies Financial Group raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Finally, Zacks Research cut shares of Hensoldt from a “hold” rating to a “strong sell” rating in a research note on Friday, March 6th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Hensoldt has an average rating of “Moderate Buy”.

Hensoldt Company Profile

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.