ams-OSRAM AG (OTCMKTS:AUKUF – Get Rating) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 1,025,700 shares, a drop of 57.7% from the June 15th total of 2,427,100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 2,051.4 days.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. lowered ams-OSRAM to a "hold" rating and set a $10.33 target price on the stock. in a research report on Monday, July 4th.
Get ams-OSRAM alerts:ams-OSRAM Price Performance
Shares of OTCMKTS AUKUF opened at $7.67 on Friday. ams-OSRAM has a 1 year low of $7.67 and a 1 year high of $20.50. The stock's 50-day simple moving average is $10.35 and its 200-day simple moving average is $13.61.
About ams-OSRAM
(Get Rating)ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and the Asia/Pacific. The company operates through Semiconductor and Lamps & Systems segments. The Semiconductor segment offers semiconductor-based products and solutions, such as LEDs, lasers, and optical and image sensors for automotive, consumer, and industrial end markets.
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