Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Up 981.8% in July

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 162,148 shares, a growth of 981.8% from the July 15th total of 14,989 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 240,603 shares, the short-interest ratio is presently 0.7 days.

Hensoldt Stock Performance

Shares of OTCMKTS HAGHY traded up $0.01 during mid-day trading on Thursday, reaching $10.59. 2,197 shares of the company were exchanged, compared to its average volume of 157,318. The company’s 50-day simple moving average is $8.86 and its 200-day simple moving average is $17.93. Hensoldt has a twelve month low of $7.18 and a twelve month high of $13.74.

Analysts Set New Price Targets

Separately, Zacks Research raised Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Three equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

Hensoldt Company Profile

Hensoldt AG (OTCMKTS: HAGHY) is a Germany-based defense and security electronics company specializing in sensor solutions for military and civilian applications. Formed in 2017 through the spin-off of Airbus Defence and Space’s electronics division, Hensoldt has established itself as a leading provider of radar, optronics, electronic warfare systems, and command-and-control solutions. The company’s product portfolio spans airborne and naval radar systems, electro-optical and infrared (EO/IR) reconnaissance payloads, self-protection suites for aircraft and land vehicles, as well as integrated mission systems for surveillance and reconnaissance platforms.

Headquartered in Taufkirchen, near Munich, Hensoldt serves a global customer base that includes armed forces, governmental agencies, and critical infrastructure operators across Europe, the Americas, Asia-Pacific, and the Middle East.