ams-OSRAM AG (OTCMKTS:AUKUF – Get Rating) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 1,141,300 shares, a drop of 22.5% from the July 15th total of 1,472,400 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 3,804.3 days.
Analysts Set New Price Targets
Separately, JPMorgan Chase & Co. lowered shares of ams-OSRAM to a "hold" rating and set a $10.33 price target on the stock. in a report on Monday, July 4th.
Get ams-OSRAM alerts:ams-OSRAM Price Performance
Shares of AUKUF stock opened at $8.52 on Monday. The company's fifty day simple moving average is $9.27 and its 200-day simple moving average is $12.30. ams-OSRAM has a 52 week low of $7.67 and a 52 week high of $20.50.
ams-OSRAM Company Profile
(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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