Straumann Holding AG (OTCMKTS:SAUHY) Short Interest Down 93.9% in June

Straumann Holding AG (OTCMKTS:SAUHY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,880 shares, a drop of 93.9% from the May 31st total of 30,585 shares. Based on an average trading volume of 124,355 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

SAUHY has been the topic of a number of recent research reports. Citigroup reissued a “sell” rating on shares of Straumann in a report on Thursday, April 23rd. Barclays reaffirmed an “overweight” rating on shares of Straumann in a report on Thursday, June 18th. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Straumann in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Straumann Stock Performance

OTCMKTS SAUHY traded up $0.33 during mid-day trading on Thursday, hitting $13.19. The stock had a trading volume of 34,501 shares, compared to its average volume of 57,254. The company has a 50 day simple moving average of $11.53 and a 200 day simple moving average of $11.55. Straumann has a 52-week low of $9.44 and a 52-week high of $14.11.

Straumann Company Profile

Straumann (OTCMKTS:SAUHY) is a Swiss-based dental technology company that develops, manufactures and markets restorative, regenerative and digital solutions for dental professionals. The company’s core offerings center on implant-supported restorations and components, biomaterials used for bone and soft-tissue regeneration, and a range of prosthetic products used by dentists and dental laboratories to restore oral function and aesthetics.

In addition to implant and biomaterial product lines, Straumann provides digital dentistry solutions that support treatment planning and workflows.