Short Interest in Hexagon AB (publ) (OTCMKTS:HXGBY) Rises By 133.6%

Hexagon AB (publ) (OTCMKTS:HXGBY) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 59,100 shares, an increase of 133.6% from the January 15th total of 25,300 shares. Based on an average daily volume of 974,200 shares, the days-to-cover ratio is presently 0.1 days.

Hexagon AB (publ) Trading Up 0.7 %

OTCMKTS HXGBY opened at $12.01 on Friday. Hexagon AB has a 12 month low of $8.14 and a 12 month high of $12.35. The company’s 50 day simple moving average is $10.23 and its 200 day simple moving average is $9.83.

Hexagon AB (publ) (OTCMKTS:HXGBY) last announced its quarterly earnings data on Friday, January 31st. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.01.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of Hexagon AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 31st.

About Hexagon AB (publ)

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. The company offers analysis and management, machine control, embedded electronics, monitoring, and planning and optimization solutions to agriculture division; 3D design and visualization, enterprise asset and asset lifecycle management, OT/ICS cyber security, engineering and schematics, enterprise project performance, operation and maintenance, procurement, fabrication, and construction services for asset lifecycle intelligence division; GNSS and SMART antennas, anti-jam systems, autonomy kits and services, correction services, GNSS/INS receivers and post processing, resilience and integrity technology, and visualization software for autonomy and positioning division; and 3D surveillance, AEC and survey software, geospatial content, machine control, digital realities platform, laser scanning and measurement tools, levels, total stations, airborne, monitoring, document and verification solutions, detection, GNSS, and mobile mapping system to geosystem division.