Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Up 151.9% in May

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHYGet Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 46,152 shares, a growth of 151.9% from the April 30th total of 18,320 shares. Based on an average daily trading volume, of 900,885 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Kepler Capital Markets upgraded Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Jefferies Financial Group upgraded shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research note on Sunday, March 8th. Finally, Zacks Research upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Hensoldt currently has an average rating of “Buy”.

Check Out Our Latest Research Report on HAGHY

Hensoldt Stock Performance

Shares of HAGHY traded down $0.62 during midday trading on Monday, hitting $9.66. 121,016 shares of the stock traded hands, compared to its average volume of 126,090. Hensoldt has a 1-year low of $7.57 and a 1-year high of $13.74. The business’s 50 day moving average price is $9.13 and its two-hundred day moving average price is $31.49.

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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