Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Decreases By 41.7%

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,000 shares, a decline of 41.7% from the February 13th total of 22,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 468,200 shares, the days-to-cover ratio is presently 0.0 days.

thyssenkrupp Price Performance

TKAMY opened at $9.40 on Friday. The company has a fifty day moving average price of $5.99 and a two-hundred day moving average price of $4.54. The firm has a market capitalization of $5.85 billion, a PE ratio of -4.27 and a beta of 1.85. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $10.85. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.15 and a current ratio of 1.76.

thyssenkrupp (OTCMKTS:TKAMY) last issued its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%. The firm had revenue of $8.35 billion for the quarter.

thyssenkrupp Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 12th. Investors of record on Tuesday, February 4th were given a $0.1552 dividend. The ex-dividend date was Tuesday, February 4th. This is a positive change from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s payout ratio is currently -4.09%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 30th.

thyssenkrupp Company Profile

thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.