MTU Aero Engines AG (OTCMKTS:MTUAY) Stock Short Interest Jumps 149.1%

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,184 shares, a growth of 149.1% from the September 15th total of 2,884 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 23,325 shares, the short-interest ratio is presently 0.3 days.

MTU Aero Engines Trading Up 1.1%

Shares of MTUAY traded up $2.15 during trading on Wednesday, reaching $198.11. 4,329 shares of the company traded hands, compared to its average volume of 28,778. MTU Aero Engines has a twelve month low of $157.93 and a twelve month high of $238.57. The stock has a market cap of $21.34 billion, a PE ratio of 19.40 and a beta of 1.03. The stock has a 50-day simple moving average of $205.79 and a 200-day simple moving average of $193.98. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.50.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.83 by ($0.01). The company had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.60 billion. MTU Aero Engines had a return on equity of 22.42% and a net margin of 10.43%. On average, analysts anticipate that MTU Aero Engines will post 11.32 earnings per share for the current year.

Analyst Ratings Changes

MTUAY has been the topic of a number of research analyst reports. Citigroup upgraded MTU Aero Engines from a “sell” rating to a “buy” rating in a research report on Thursday, September 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Barclays cut MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of MTU Aero Engines in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

About MTU Aero Engines

MTU Aero Engines AG is a Germany-based manufacturer and service provider for aircraft engines. The company develops, manufactures and supports commercial and military engine programs, producing engine modules, components and systems for use in civil and defense aviation.

MTU is also a major provider of engine maintenance, repair and overhaul services. Through its commercial maintenance operations and international partnerships, the company supports airlines, aircraft leasing companies and other aviation customers throughout the life cycle of their engines.