Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Shares Shorted: Short Interest Down 77.4% in September

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 9,333 shares, a drop of 77.4% from the August 31st total of 41,371 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 215,786 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Hensoldt in a research note on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Hensoldt currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Hensoldt

Hensoldt Stock Down 0.1%

HAGHY stock traded down $0.01 during mid-day trading on Friday, reaching $8.62. 315,347 shares of the company traded hands, compared to its average volume of 87,082. The company has a fifty day moving average price of $9.60 and a 200-day moving average price of $9.65. Hensoldt has a 52-week low of $7.18 and a 52-week high of $13.74.

Hensoldt Company Profile

(Get Free Report)

HENSOLDT AG is a Germany-based defense electronics company that develops sensor solutions for the armed forces and security organizations. Its portfolio includes radar systems, electro-optical and infrared sensors, electronic warfare equipment, avionics, and systems that combine information from multiple sensors to support surveillance, reconnaissance, target detection, and situational awareness.

The company supplies products for land, air, naval, and space-related applications. Its offerings include air-defense and ground-surveillance radars, military identification systems, reconnaissance and observation equipment, submarine and naval sensors, and specialized solutions for aircraft and unmanned systems.

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