Short Interest in Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) Expands By 151.9%

Hensoldt AG – Unsponsored ADR (OTCMKTS:HAGHY) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 46,152 shares, a growth of 151.9% from the April 30th total of 18,320 shares. Based on an average daily volume of 900,885 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on HAGHY shares. Zacks Research upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Jefferies Financial Group upgraded shares of Hensoldt from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 8th. Finally, Kepler Capital Markets upgraded shares of Hensoldt from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Hensoldt presently has an average rating of “Buy”.

Hensoldt Trading Down 1.5%

HAGHY stock opened at $10.28 on Friday. Hensoldt has a twelve month low of $7.57 and a twelve month high of $13.74. The firm’s fifty day simple moving average is $9.13 and its two-hundred day simple moving average is $31.65.

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.