Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Short Interest Down 56.2% in April

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYYGet Rating) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 13,800 shares, a decrease of 56.2% from the April 15th total of 31,500 shares. Based on an average daily trading volume, of 162,400 shares, the short-interest ratio is presently 0.1 days.

OTCMKTS BMWYY opened at $26.25 on Friday. The company has a 50 day simple moving average of $27.95 and a 200-day simple moving average of $32.23. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.13 and a quick ratio of 0.93. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $24.97 and a 52-week high of $39.63.

BMWYY has been the subject of several research reports. Royal Bank of Canada reduced their price objective on shares of Bayerische Motoren Werke Aktiengesellschaft from €111.00 ($116.84) to €107.00 ($112.63) and set a “sector perform” rating for the company in a research report on Thursday, March 17th. They noted that the move was a valuation call. Credit Suisse Group initiated coverage on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Thursday, February 17th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Bayerische Motoren Werke Aktiengesellschaft from €135.00 ($142.11) to €130.00 ($136.84) and set a “buy” rating for the company in a research report on Friday, May 6th. Finally, Berenberg Bank assumed coverage on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Tuesday. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $118.50.

Bayerische Motoren Werke Aktiengesellschaft Company Profile (Get Rating)

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.

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