Samsung Electronics Co., Ltd. (OTCMKTS:SSNLF) Short Interest Update

Samsung Electronics Co., Ltd. (OTCMKTS:SSNLF) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 196 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

SSNLF has been the subject of a number of recent research reports. Zacks Research upgraded shares of Samsung Electronics to a “hold” rating in a research note on Wednesday, August 5th. Erste Group Bank downgraded shares of Samsung Electronics from a “buy” rating to a “hold” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Samsung Electronics Stock Performance

SSNLF remained flat at $140.00 during trading on Wednesday. The company has a market cap of $18.07 billion, a P/E ratio of 52.24 and a beta of 0.88. Samsung Electronics has a 1-year low of $65.21 and a 1-year high of $140.00. The business has a fifty day simple moving average of $140.00 and a 200-day simple moving average of $126.83.

Samsung Electronics Company Profile

Samsung Electronics Co, Ltd. is a South Korean technology company that develops and sells consumer electronics, mobile devices, components and related services. Founded in 1969 and headquartered in Suwon, South Korea, the company serves consumers, businesses and technology manufacturers worldwide.

Its Device eXperience division offers smartphones and tablets under the Galaxy brand, televisions, home appliances, computers, monitors and network equipment. Samsung also provides software, connected-device platforms and other services that support its consumer electronics ecosystem.

Through its Device Solutions division, Samsung manufactures semiconductors, including memory chips, storage products, processors and foundry services for customers in industries such as mobile communications, computing, automotive and artificial intelligence.