Short Interest in ams-OSRAM AG (OTCMKTS:AMSSY) Drops By 35.2%

ams-OSRAM AG (OTCMKTS:AMSSY) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 20,600 shares, a decline of 35.2% from the August 31st total of 31,800 shares. Based on an average trading volume of 10,000 shares, the short-interest ratio is currently 2.1 days.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of ams-OSRAM from a “hold” rating to a “strong-buy” rating in a report on Tuesday.

ams-OSRAM Stock Performance

Shares of AMSSY traded down $0.03 during mid-day trading on Thursday, hitting $0.62. The stock had a trading volume of 23,666 shares, compared to its average volume of 14,873. ams-OSRAM has a 52 week low of $0.43 and a 52 week high of $2.93. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.07 and a quick ratio of 0.78. The business has a fifty day moving average price of $0.59 and a 200-day moving average price of $0.63. The firm has a market cap of $1.24 billion, a P/E ratio of -0.18 and a beta of 1.20.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings data on Friday, July 26th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $881.58 million during the quarter. ams-OSRAM had a negative return on equity of 1.44% and a negative net margin of 25.60%.

About ams-OSRAM

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets.