Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Significant Drop in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 6,200 shares, a decline of 6.1% from the October 15th total of 6,600 shares. Based on an average daily trading volume, of 467,300 shares, the days-to-cover ratio is currently 0.0 days.

Continental Aktiengesellschaft Price Performance

Shares of Continental Aktiengesellschaft stock opened at $6.59 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 1.20 and a debt-to-equity ratio of 0.30. The firm has a market cap of $13.18 billion, a P/E ratio of 12.20, a P/E/G ratio of 0.42 and a beta of 1.57. Continental Aktiengesellschaft has a fifty-two week low of $5.56 and a fifty-two week high of $8.51. The business has a 50-day moving average price of $6.22 and a 200 day moving average price of $6.33.

About Continental Aktiengesellschaft

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.