Siemens Aktiengesellschaft (OTCMKTS:SIEGY) Sees Significant Decrease in Short Interest

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 7,000 shares, a decrease of 72.5% from the February 29th total of 25,500 shares. Based on an average trading volume of 235,400 shares, the days-to-cover ratio is currently 0.0 days.

Siemens Aktiengesellschaft Stock Down 0.8 %

OTCMKTS SIEGY traded down $0.81 on Thursday, hitting $95.43. 79,854 shares of the company were exchanged, compared to its average volume of 134,397. Siemens Aktiengesellschaft has a 12 month low of $63.31 and a 12 month high of $101.97. The company has a market cap of $152.69 billion, a PE ratio of 12.90, a PEG ratio of 2.38 and a beta of 1.34. The stock has a fifty day moving average of $93.59 and a 200-day moving average of $83.83. The company has a current ratio of 1.32, a quick ratio of 1.06 and a debt-to-equity ratio of 0.78.

Siemens Aktiengesellschaft (OTCMKTS:SIEGY) last released its quarterly earnings data on Thursday, February 8th. The technology company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.34. Siemens Aktiengesellschaft had a net margin of 14.06% and a return on equity of 21.68%. The firm had revenue of $19.83 billion for the quarter. As a group, analysts forecast that Siemens Aktiengesellschaft will post 5.76 earnings per share for the current year.

Siemens Aktiengesellschaft Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 20th. Stockholders of record on Monday, February 12th were issued a $1.8823 dividend. The ex-dividend date was Friday, February 9th. This is an increase from Siemens Aktiengesellschaft’s previous dividend of $1.67. Siemens Aktiengesellschaft’s dividend payout ratio is currently 24.93%.

About Siemens Aktiengesellschaft

Siemens Aktiengesellschaft, a technology company, focuses in the areas of automation and digitalization in Europe, Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services (SFS) segments.