thyssenkrupp AG (OTCMKTS:TKAMY) Sees Large Growth in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 19,400 shares, an increase of 1,516.7% from the December 31st total of 1,200 shares. Based on an average daily trading volume, of 12,700 shares, the days-to-cover ratio is currently 1.5 days.

thyssenkrupp Stock Up 2.2 %

Shares of thyssenkrupp stock traded up $0.11 on Thursday, hitting $5.09. The company had a trading volume of 27,184 shares, compared to its average volume of 30,062. The stock has a 50-day moving average of $4.24 and a 200-day moving average of $3.87. 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 has a twelve month low of $3.08 and a twelve month high of $6.29. The firm has a market capitalization of $3.17 billion, a P/E ratio of -1.92 and a beta of 1.97.

thyssenkrupp Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th will be issued a $0.1552 dividend. This is a positive change from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date is Tuesday, February 4th. thyssenkrupp’s payout ratio is -3.77%.

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.