thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Down 96.0% in December

thyssenkrupp AG (OTCMKTS:TKAMY) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a decrease of 96.0% from the November 30th total of 40,100 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is currently 0.1 days.

thyssenkrupp Stock Performance

Shares of OTCMKTS:TKAMY traded up $0.05 during trading on Friday, reaching $4.10. The stock had a trading volume of 50,641 shares, compared to its average volume of 11,075. The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06. The stock has a fifty day simple moving average of $3.92 and a two-hundred day simple moving average of $3.90. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of -1.55 and a beta of 1.99. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $7.05.

Analyst Upgrades and Downgrades

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

About thyssenkrupp

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.