Short Interest in Straumann Holding AG (OTCMKTS:SAUHY) Expands By 346.7%

Straumann Holding AG (OTCMKTS:SAUHY – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 4,471 shares, an increase of 346.7% from the August 15th total of 1,001 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 81,714 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of brokerages have issued reports on SAUHY. Deutsche Bank Aktiengesellschaft downgraded shares of Straumann from a “buy” rating to a “hold” rating in a research note on Friday, August 21st. Citigroup reaffirmed a “sell” rating on shares of Straumann in a report on Thursday, July 9th. UBS Group upgraded shares of Straumann from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 1st. Barclays reissued an “overweight” rating on shares of Straumann in a research note on Thursday, June 18th. Finally, Morgan Stanley restated an “underweight” rating on shares of Straumann in a research report on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

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Straumann Price Performance

OTCMKTS:SAUHY opened at $11.46 on Friday. The stock’s 50-day simple moving average is $12.22 and its 200 day simple moving average is $11.61. Straumann has a twelve month low of $9.44 and a twelve month high of $13.61.

About Straumann

(Get Free Report)

Straumann Group is a Switzerland-based dental technology company that develops, manufactures and distributes products used in implant, restorative and orthodontic dentistry. Its portfolio includes dental implants, prosthetic components, biomaterials, digital dentistry systems, clear aligners and related instruments and services.

The company serves dental professionals, laboratories and patients through brands including Straumann, Neodent, ClearCorrect and Medentika. Its solutions are used in tooth replacement, oral tissue regeneration, orthodontic treatment and digitally integrated dental workflows.

Founded in 1954, Straumann has expanded from its Swiss origins into a global business serving customers across Europe, North America, Latin America, Asia-Pacific and other international markets.

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