Short Interest in thyssenkrupp AG (OTCMKTS:TYEKF) Declines By 49.4%

thyssenkrupp AG (OTCMKTS:TYEKF) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 627,200 shares, a drop of 49.4% from the March 15th total of 1,238,500 shares. Based on an average trading volume of 16,000 shares, the days-to-cover ratio is presently 39.2 days. Currently, 0.1% of the company’s shares are short sold.

thyssenkrupp Stock Performance

Shares of OTCMKTS:TYEKF opened at $10.60 on Friday. The business has a 50-day moving average of $8.95 and a two-hundred day moving average of $5.69. The firm has a market capitalization of $6.60 billion, a PE ratio of -4.82 and a beta of 1.24. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. thyssenkrupp has a 12 month low of $3.10 and a 12 month high of $11.75.

thyssenkrupp (OTCMKTS:TYEKF) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $8.35 billion for the quarter. thyssenkrupp had a negative return on equity of 11.07% and a negative net margin of 3.58%.

thyssenkrupp Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Tuesday, February 4th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, February 3rd. This represents a dividend yield of 3.87%.

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.