MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 3,931 shares, a drop of 67.2% from the April 15th total of 11,990 shares. Based on an average daily volume of 63,078 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

MTU Aero Engines Trading Down 1.1%

MTUAY traded down $1.90 on Thursday, reaching $167.26. 38,530 shares of the company traded hands, compared to its average volume of 25,604. MTU Aero Engines has a one year low of $164.69 and a one year high of $238.57. The firm has a fifty day simple moving average of $185.82 and a two-hundred day simple moving average of $205.53. The company has a market cap of $18.02 billion, a P/E ratio of 15.65 and a beta of 1.02. The company has a quick ratio of 1.06, a current ratio of 1.44 and a debt-to-equity ratio of 0.54.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $2.67 earnings per share for the quarter. MTU Aero Engines had a net margin of 11.28% and a return on equity of 24.07%. The company had revenue of $2.83 billion during the quarter. As a group, equities research analysts expect that MTU Aero Engines will post 11.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on MTUAY. Zacks Research lowered shares of MTU Aero Engines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 15th. Berenberg Bank lowered shares of MTU Aero Engines from a “strong-buy” rating to a “hold” rating in a research report on Monday. Kepler Capital Markets upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Citigroup reiterated a “sell” rating on shares of MTU Aero Engines in a research report on Wednesday, February 25th. Finally, UBS Group lowered shares of MTU Aero Engines from a “hold” rating to a “sell” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About MTU Aero Engines

MTU Aero Engines AG is a German aircraft engine manufacturer headquartered in Munich that develops, manufactures and services commercial and military aero engines as well as industrial gas turbines. The company’s activities span the entire engine lifecycle, from conceptual design and development through production of modules and components to aftermarket maintenance, repair and overhaul (MRO). MTU supplies parts and technical solutions for a broad range of jet engines and turbomachinery used by airlines, MRO providers and defense customers.

In addition to core engine development and manufacturing, MTU offers comprehensive aftermarket services including scheduled and unscheduled maintenance, spare parts distribution, repair technologies and fleet support programs.