Short Interest in MTU Aero Engines AG (OTCMKTS:MTUAY) Rises By 66.7%

MTU Aero Engines AG (OTCMKTS:MTUAY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a growth of 66.7% from the March 31st total of 300 shares. Based on an average trading volume of 11,400 shares, the days-to-cover ratio is currently 0.0 days.

MTU Aero Engines Stock Up 1.9 %

OTCMKTS:MTUAY opened at $119.54 on Friday. The stock has a fifty day simple moving average of $120.87 and a 200 day simple moving average of $110.21. MTU Aero Engines has a 1-year low of $84.47 and a 1-year high of $132.16. The firm has a market capitalization of $12.87 billion, a price-to-earnings ratio of 19.71 and a beta of 1.43.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings results on Thursday, February 29th. The company reported $1.54 earnings per share (EPS) for the quarter. MTU Aero Engines had a positive return on equity of 17.99% and a negative net margin of 1.90%. The business had revenue of $1.84 billion during the quarter. Equities analysts predict that MTU Aero Engines will post 6.69 earnings per share for the current year.

MTU Aero Engines Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, May 10th will be issued a dividend of $0.7523 per share. The ex-dividend date is Thursday, May 9th. MTU Aero Engines’s payout ratio is -113.89%.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).