thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Up 854.8% in November

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 40,100 shares, an increase of 854.8% from the November 15th total of 4,200 shares. Based on an average trading volume of 64,300 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

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

thyssenkrupp Price Performance

thyssenkrupp stock traded down $0.11 during mid-day trading on Friday, hitting $4.35. 23,687 shares of the company were exchanged, compared to its average volume of 11,073. thyssenkrupp has a 12-month low of $3.08 and a 12-month high of $7.09. The company has a market capitalization of $2.71 billion, a P/E ratio of -1.64 and a beta of 1.99. The business’s 50 day simple moving average is $3.81 and its two-hundred day simple moving average is $3.95. 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 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.