Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Stock Short Interest Report for October

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 48,719 shares, a growth of 284.3% from the October 15th total of 12,678 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 177,543 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on HAGHY shares. Jefferies Financial Group raised Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Deutsche Bank reiterated a “buy” rating on shares of Hensoldt in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Hensoldt Stock Performance

Hensoldt stock traded down $0.43 during trading hours on Thursday, reaching $8.71. 341,162 shares of the company’s stock were exchanged, compared to its average volume of 144,574. The firm’s 50 day simple moving average is $9.07 and its 200 day simple moving average is $15.04. Hensoldt has a twelve month low of $7.18 and a twelve month high of $11.37.

About Hensoldt

HENSOLDT AG is a German defense and security technology company that develops sensor systems and related electronics for military and civilian customers. Its main areas of activity include radar, optronics, electronic warfare and avionics. The company’s products and services support tasks such as air defense, surveillance, reconnaissance, aircraft navigation and threat detection. HENSOLDT also provides system integration, software and lifecycle support for its equipment. HENSOLDT was established in 2017, bringing together defense electronics businesses formerly owned by Airbus.