Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Declines By 91.5%

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 4,200 shares, a decline of 91.5% from the October 31st total of 49,300 shares. Based on an average daily volume of 17,500 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

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

thyssenkrupp Price Performance

TKAMY traded up $0.16 during trading on Thursday, hitting $4.09. The company’s stock had a trading volume of 45,011 shares, compared to its average volume of 11,284. The firm has a market capitalization of $2.54 billion, a price-to-earnings ratio of -1.54 and a beta of 1.93. thyssenkrupp has a twelve month low of $3.08 and a twelve month high of $7.72. The business’s fifty day simple moving average is $3.67 and its 200 day simple moving average is $4.03. The company has a current ratio of 1.85, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06.

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.