Short Interest in Siemens Energy AG (OTCMKTS:SMEGF) Decreases By 19.5%

Siemens Energy AG (OTCMKTS:SMEGF) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 4,724,200 shares, a decline of 19.5% from the September 15th total of 5,867,300 shares. Based on an average daily volume of 24,800 shares, the short-interest ratio is currently 190.5 days.

Siemens Energy Stock Performance

Shares of SMEGF opened at $38.63 on Tuesday. Siemens Energy has a 52 week low of $7.21 and a 52 week high of $39.50. The business has a 50-day simple moving average of $31.67 and a two-hundred day simple moving average of $27.09.

Siemens Energy Company Profile

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.