Straumann Holding AG (OTCMKTS:SAUHY) Sees Large Increase in Short Interest

Straumann Holding AG (OTCMKTS:SAUHY) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 205,953 shares, a growth of 329.5% from the April 30th total of 47,951 shares. Based on an average daily volume of 225,996 shares, the short-interest ratio is presently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SAUHY shares. Citigroup restated a “sell” rating on shares of Straumann in a research note on Thursday, April 23rd. Morgan Stanley reiterated an “underweight” rating on shares of Straumann in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Straumann has an average rating of “Reduce”.

Straumann Price Performance

Shares of OTCMKTS:SAUHY opened at $12.10 on Friday. Straumann has a 1-year low of $9.44 and a 1-year high of $14.11. The business has a 50-day moving average price of $10.80 and a two-hundred day moving average price of $11.52.

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.