RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Large Growth in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 17,100 shares, an increase of 50.0% from the May 31st total of 11,400 shares. Based on an average daily trading volume, of 71,800 shares, the short-interest ratio is currently 0.2 days.

RWE Aktiengesellschaft Trading Down 2.2 %

Shares of RWEOY traded down $0.76 during trading hours on Monday, hitting $34.20. The stock had a trading volume of 52,000 shares, compared to its average volume of 77,522. RWE Aktiengesellschaft has a 12-month low of $32.68 and a 12-month high of $46.13. The firm has a market cap of $23.13 billion, a P/E ratio of 13.00 and a beta of 0.87. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.50 and a current ratio of 1.56. The company’s fifty day simple moving average is $36.45 and its 200 day simple moving average is $37.08.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last issued its earnings results on Wednesday, May 15th. The utilities provider reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.13. RWE Aktiengesellschaft had a return on equity of 10.69% and a net margin of 6.99%. The business had revenue of $7.20 billion during the quarter. Equities research analysts forecast that RWE Aktiengesellschaft will post 2.97 EPS for the current fiscal year.

RWE Aktiengesellschaft Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 20th. Investors of record on Tuesday, May 7th were issued a dividend of $0.7577 per share. This is a positive change from RWE Aktiengesellschaft’s previous dividend of $0.66. The ex-dividend date of this dividend was Monday, May 6th. RWE Aktiengesellschaft’s payout ratio is presently 28.52%.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.