ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Sees Large Decrease in Short Interest

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,444 shares, a decline of 59.2% from the May 31st total of 3,541 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 15,371 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

A number of research analysts have recently commented on AMSSY shares. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

ams-OSRAM stock opened at $10.92 on Tuesday. ams-OSRAM has a 1-year low of $4.19 and a 1-year high of $15.10. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of $2.18 billion, a PE ratio of -9.18 and a beta of 1.71. The firm’s 50 day simple moving average is $10.95 and its 200 day simple moving average is $7.25.

About ams-OSRAM

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.