Short Interest in Straumann Holding AG (OTCMKTS:SAUHY) Expands By 329.5%

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

Analyst Ratings Changes

Several analysts recently weighed in on the company. 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 investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Straumann Trading Down 1.0%

Shares of SAUHY stock opened at $11.44 on Friday. The stock has a 50 day moving average of $10.76 and a two-hundred day moving average of $11.51. Straumann has a 12 month low of $9.44 and a 12 month high of $14.11.

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.