Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Update

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 9,333 shares, a decrease of 77.4% from the August 31st total of 41,371 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 215,786 shares, the short-interest ratio is presently 0.0 days.

Hensoldt Trading Down 0.1%

Hensoldt stock traded down $0.01 during mid-day trading on Friday, hitting $8.62. The company’s stock had a trading volume of 315,347 shares, compared to its average volume of 87,082. The stock’s fifty day moving average is $9.60 and its two-hundred day moving average is $9.65. Hensoldt has a 1 year low of $7.18 and a 1 year high of $13.74.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Hensoldt in a research note on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Hensoldt has an average rating of “Buy”.

Hensoldt Company Profile

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.