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

thyssenkrupp AG (OTCMKTS:TKAMY) saw a large decline in short interest in 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. Based on an average daily volume of 468,200 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

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

thyssenkrupp Stock Down 0.4 %

Shares of TKAMY opened at $9.40 on Friday. The company has a market capitalization of $5.85 billion, a P/E ratio of -4.27 and a beta of 1.85. thyssenkrupp has a one year low of $3.08 and a one year high of $10.85. The business’s 50 day simple moving average is $5.99 and its 200-day simple moving average is $4.54. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15.

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

thyssenkrupp Increases Dividend

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

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.