ams-OSRAM AG (OTCMKTS:AMSSY) Sees Significant Decrease in Short Interest

ams-OSRAM AG (OTCMKTS:AMSSY) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 4,100 shares, a drop of 24.1% from the December 15th total of 5,400 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 2.9 days.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded ams-OSRAM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 24th.

ams-OSRAM Stock Down 0.7 %

Shares of OTCMKTS AMSSY opened at $3.50 on Wednesday. The firm’s 50 day moving average price is $3.68 and its 200 day moving average price is $2.38. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.97. ams-OSRAM has a 1 year low of $2.85 and a 1 year high of $13.55. The firm has a market cap of $698.91 million, a P/E ratio of -0.61 and a beta of 1.08.

About ams-OSRAM

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets.