Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Down 48.2% in December

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,887 shares, a decline of 48.2% from the December 15th total of 5,576 shares. Based on an average daily volume of 23,122 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 23,122 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

HAGHY has been the topic of a number of analyst reports. DZ Bank upgraded Hensoldt to a “strong-buy” rating in a research note on Friday, October 31st. Citigroup upgraded shares of Hensoldt from a “hold” rating to a “buy” rating in a research note on Friday, November 14th. Cantor Fitzgerald upgraded shares of Hensoldt to a “strong-buy” rating in a report on Friday, November 7th. Finally, Zacks Research raised shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Hensoldt presently has an average rating of “Moderate Buy”.

Hensoldt Price Performance

Shares of OTCMKTS:HAGHY traded down $0.49 on Thursday, reaching $52.11. The company’s stock had a trading volume of 12,830 shares, compared to its average volume of 17,593. Hensoldt has a 52-week low of $17.85 and a 52-week high of $68.70. The stock’s 50-day moving average is $44.87 and its two-hundred day moving average is $52.15.

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.