Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Rises By 854.8%

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a significant increase in short interest in 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 daily volume of 64,300 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

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

thyssenkrupp Trading Up 0.9 %

Shares of TKAMY stock traded up $0.04 on Wednesday, reaching $4.39. 2,095 shares of the stock were exchanged, compared to its average volume of 11,035. The stock has a 50 day moving average price of $3.77 and a 200 day moving average price of $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. The stock has a market cap of $2.73 billion, a PE ratio of -1.64 and a beta of 1.99. thyssenkrupp has a one year low of $3.08 and a one year high of $7.09.

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.