Hensoldt AG (OTCMKTS:HAGHY) Sees Significant Growth in Short Interest

Hensoldt AG (OTCMKTS:HAGHY) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 17,100 shares, an increase of 31.5% from the March 15th total of 13,000 shares. Based on an average trading volume of 69,100 shares, the short-interest ratio is presently 0.2 days.

Hensoldt Stock Performance

Hensoldt stock opened at $38.90 on Monday. The company has a fifty day simple moving average of $33.31. Hensoldt has a 1-year low of $15.30 and a 1-year high of $43.92.

Analysts Set New Price Targets

Several brokerages have weighed in on HAGHY. Oddo Bhf upgraded Hensoldt to an “outperform” rating in a report on Monday, March 3rd. BNP Paribas lowered shares of Hensoldt to an “underperform” rating in a research note on Thursday, April 3rd.

Hensoldt Company Profile

HENSOLDT AG, together with its subsidiaries, provides defense and security electronic sensor solutions worldwide. It offers air surveillance, airborne, ground based, security, naval and coastal, and space radars; identification friend or foe and secure data links; and commercial shipping solutions. The company also provides airborne, vehicle, surveillance, and maritime optronics; space optics; optronic sensor devices; and sights, scopes, and night-vision attachments.