Short Interest in ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Drops By 42.3%

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMYGet Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 7,678 shares, a decrease of 42.3% from the June 15th total of 13,310 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 52,503 shares, the short-interest ratio is currently 0.1 days.

ThyssenKrupp Stock Performance

OTCMKTS TKAMY opened at $13.52 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.66 and a quick ratio of 0.99. The stock’s 50 day simple moving average is $12.79 and its 200-day simple moving average is $11.84. The company has a market cap of $8.42 billion, a PE ratio of 16.48 and a beta of 1.40. ThyssenKrupp has a 1-year low of $8.16 and a 1-year high of $17.02.

Analyst Ratings Changes

Several analysts have recently issued reports on TKAMY shares. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft raised shares of ThyssenKrupp from a “buy” rating to a “buy” rating in a research note on Thursday, April 30th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, ThyssenKrupp currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on TKAMY

ThyssenKrupp Company Profile

(Get Free Report)

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.

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