Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Increases By 103.1%

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 26,400 shares, an increase of 103.1% from the February 28th total of 13,000 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 808,500 shares, the days-to-cover ratio is currently 0.0 days.

thyssenkrupp Stock Down 4.0 %

TKAMY opened at $9.68 on Friday. The stock has a market capitalization of $6.03 billion, a price-to-earnings ratio of -4.40 and a beta of 1.85. The firm has a 50 day moving average price of $7.25 and a 200-day moving average price of $5.03. thyssenkrupp has a twelve month low of $3.08 and a twelve month high of $11.65. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06.

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

thyssenkrupp Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, February 4th were given a $0.1552 dividend. This is a boost from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio (DPR) is presently -4.09%.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut thyssenkrupp from a “hold” rating to a “strong sell” rating in a research report 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.