Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Sees Significant Decrease in Short Interest

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,887 shares, a decline of 48.2% from the December 15th total of 5,576 shares. Based on an average daily volume of 23,122 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 23,122 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Several equities analysts have weighed in on HAGHY shares. Citigroup upgraded Hensoldt from a “hold” rating to a “buy” rating in a report on Friday, November 14th. DZ Bank raised Hensoldt to a “strong-buy” rating in a report on Friday, October 31st. Zacks Research upgraded Hensoldt from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Finally, Cantor Fitzgerald raised Hensoldt to a “strong-buy” rating in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Hensoldt presently has an average rating of “Moderate Buy”.

Hensoldt Price Performance

OTCMKTS HAGHY opened at $52.11 on Friday. The stock has a 50-day simple moving average of $44.89 and a 200 day simple moving average of $52.15. Hensoldt has a twelve month low of $17.85 and a twelve month high of $68.70.

About Hensoldt

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.