Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Short Interest Down 78.6% in August

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 34,767 shares, a drop of 78.6% from the July 30th total of 162,148 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 145,331 shares, the short-interest ratio is currently 0.2 days.

Hensoldt Price Performance

HAGHY stock opened at $10.07 on Wednesday. Hensoldt has a 52-week low of $7.18 and a 52-week high of $13.74. The business has a fifty day moving average of $9.17 and a two-hundred day moving average of $15.45.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HAGHY shares. Zacks Research raised shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Hensoldt in a report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus 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.