Short Interest in Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Increases By 24.0%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 71,400 shares, a growth of 24.0% from the June 30th total of 57,600 shares. Based on an average trading volume of 205,400 shares, the short-interest ratio is presently 0.3 days.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

Shares of Bayerische Motoren Werke Aktiengesellschaft stock traded down $0.20 during trading hours on Tuesday, hitting $31.18. 119,311 shares of the company’s stock traded hands, compared to its average volume of 86,077. The company has a fifty day simple moving average of $32.38 and a 200-day simple moving average of $35.61. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.13 and a quick ratio of 0.83. The stock has a market capitalization of $56.37 billion, a price-to-earnings ratio of 5.18 and a beta of 1.10. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of $30.80 and a 12-month high of $41.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $1.60 earnings per share (EPS) for the quarter. The business had revenue of $39.75 billion during the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 7.01% and a return on equity of 11.70%. Equities research analysts anticipate that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on BMWYY shares. Hsbc Global Res upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 9th. HSBC raised Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Tuesday, July 9th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold”.

About Bayerische Motoren Werke Aktiengesellschaft

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