thyssenkrupp AG (OTCMKTS:TYEKF) Sees Large Drop in Short Interest

thyssenkrupp AG (OTCMKTS:TYEKF) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,130,400 shares, a decrease of 19.8% from the November 30th total of 1,409,300 shares. Based on an average daily trading volume, of 16,000 shares, the short-interest ratio is currently 70.7 days.

thyssenkrupp Price Performance

TYEKF opened at $4.03 on Monday. thyssenkrupp has a 1-year low of $3.10 and a 1-year high of $7.11. The firm’s 50 day simple moving average is $3.87 and its two-hundred day simple moving average is $3.86. The company has a current ratio of 1.85, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $2.51 billion, a PE ratio of -1.52 and a beta of 1.83.

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.