thyssenkrupp AG (OTCMKTS:TKAMY) Sees Significant Decline in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMY) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a decrease of 96.0% from the November 30th total of 40,100 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of thyssenkrupp to a “strong-buy” rating in a research report on Monday, September 16th.

thyssenkrupp Stock Up 1.5 %

OTCMKTS TKAMY traded up $0.06 on Friday, hitting $4.11. The stock had a trading volume of 802 shares, compared to its average volume of 10,914. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.85 and a quick ratio of 1.16. thyssenkrupp has a 52-week low of $3.08 and a 52-week high of $7.09. The business’s fifty day moving average price is $3.91 and its 200 day moving average price is $3.91. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of -1.55 and a beta of 1.99.

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.