Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Down 83.5% in July

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 14,989 shares, a drop of 83.5% from the June 30th total of 90,956 shares. Based on an average daily volume of 304,977 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Hensoldt Stock Performance

Hensoldt stock opened at $9.01 on Monday. Hensoldt has a 52 week low of $7.18 and a 52 week high of $13.74. The firm’s 50-day simple moving average is $8.82 and its 200 day simple moving average is $21.77.

Analyst Ratings Changes

Separately, 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

About Hensoldt

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.