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

Straumann Holding AG (OTCMKTS:SAUHY) saw a large increase in short interest in 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. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 225,996 shares, the days-to-cover ratio is currently 0.9 days.

Analyst Upgrades and Downgrades

SAUHY has been the subject of several recent analyst reports. Morgan Stanley reiterated an “underweight” rating on shares of Straumann in a research note on Tuesday, April 14th. Citigroup reiterated a “sell” rating on shares of Straumann in a research note on Thursday, April 23rd. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce”.

Straumann Trading Down 1.0%

SAUHY opened at $11.44 on Friday. The stock has a 50-day moving average of $10.76 and a 200-day moving average of $11.51. Straumann has a 52-week low of $9.44 and a 52-week 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.