ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Short Interest Up 3,999.6% in July

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 10,987 shares, a growth of 3,999.6% from the July 15th total of 268 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is currently 0.9 days.

ams-OSRAM Stock Up 7.1%

Shares of AMSSY traded up $0.77 during mid-day trading on Tuesday, reaching $11.60. 1,788 shares of the stock traded hands, compared to its average volume of 6,066. The stock has a fifty day simple moving average of $11.10 and a 200 day simple moving average of $8.49. ams-OSRAM has a 12-month low of $4.19 and a 12-month high of $15.10. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of -6.07 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The firm had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. Sell-side analysts expect that ams-OSRAM will post -0.07 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMSSY has been the subject of several recent research reports. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

ams-OSRAM Company Profile

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.