thyssenkrupp AG (OTCMKTS:TKAMY) Sees Large Growth in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMY) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 13,500 shares, a growth of 51.7% from the July 31st total of 8,900 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is currently 1.3 days.

thyssenkrupp Trading Down 1.4 %

thyssenkrupp stock opened at $3.61 on Thursday. The stock has a 50-day simple moving average of $4.06 and a 200 day simple moving average of $4.75. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.18 and a current ratio of 1.84. The stock has a market capitalization of $2.25 billion, a P/E ratio of 25.79 and a beta of 1.92. thyssenkrupp has a 52 week low of $3.42 and a 52 week high of $8.03.

thyssenkrupp (OTCMKTS:TKAMY) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $9.67 billion for the quarter. thyssenkrupp had a negative return on equity of 0.45% and a negative net margin of 0.14%.

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.