Siemens Energy AG (OTCMKTS:SMNEY) Short Interest Down 63.2% in April

Siemens Energy AG (OTCMKTS:SMNEY) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 10,700 shares, a drop of 63.2% from the March 31st total of 29,100 shares. Based on an average daily trading volume, of 154,500 shares, the days-to-cover ratio is presently 0.1 days.

Siemens Energy Stock Performance

Shares of SMNEY stock traded up $0.09 during mid-day trading on Friday, reaching $19.11. 78,023 shares of the stock traded hands, compared to its average volume of 29,493. Siemens Energy has a 1-year low of $7.21 and a 1-year high of $26.44. The stock’s fifty day simple moving average is $17.03 and its two-hundred day simple moving average is $14.04.

About Siemens Energy

Siemens Energy AG operates as an energy technology company worldwide. It operates through Gas Services, Grid Technologies, Transformation of Industry, and Siemens Gamesa segments. The company provides gas and steam turbines, generators, and heat pumps, as well as performance enhancement, maintenance, customer training, and professional consulting services for central and distributed power generation; and high voltage direct current transmission systems, offshore windfarm grid connections, transformers, flexible alternating current transmission systems, high voltage substations, air and gas-insulated switchgears, digital grid solutions and components, and storage solutions.