Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Increases By 103.1%

thyssenkrupp AG (OTCMKTS:TKAMY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 26,400 shares, an increase of 103.1% from the February 28th total of 13,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 808,500 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 30th.

thyssenkrupp Trading Down 4.0 %

Shares of OTCMKTS:TKAMY opened at $9.68 on Friday. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $11.65. The company’s 50 day moving average is $7.25 and its two-hundred day moving average is $5.02. The company has a market cap of $6.03 billion, a PE ratio of -4.40 and a beta of 1.85. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.06.

thyssenkrupp (OTCMKTS:TKAMY) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) EPS for the quarter. thyssenkrupp had a negative return on equity of 11.24% and a negative net margin of 3.63%. The firm had revenue of $8.35 billion for the quarter.

thyssenkrupp Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 12th. Investors of record on Tuesday, February 4th were given a $0.1552 dividend. This is an increase from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio (DPR) is -4.09%.

About thyssenkrupp

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.