thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Down 41.7% in February

thyssenkrupp AG (OTCMKTS:TKAMY) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 13,000 shares, a decrease of 41.7% from the February 13th total of 22,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 468,200 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded thyssenkrupp from a “hold” rating to a “strong sell” rating in a report on Thursday, January 30th.

thyssenkrupp Stock Performance

Shares of OTCMKTS TKAMY traded down $0.04 during mid-day trading on Friday, hitting $9.40. 99,031 shares of the company were exchanged, compared to its average volume of 144,113. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06. The stock has a 50 day simple moving average of $5.99 and a 200-day simple moving average of $4.55. thyssenkrupp has a 1-year low of $3.08 and a 1-year high of $10.85. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of -4.27 and a beta of 1.85.

thyssenkrupp (OTCMKTS:TKAMY) last issued its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter. thyssenkrupp had a negative return on equity of 11.24% and a negative net margin of 3.63%. The company had revenue of $8.35 billion for the quarter.

thyssenkrupp Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, February 4th were given a $0.1552 dividend. This is a boost from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date was Tuesday, February 4th. thyssenkrupp’s dividend payout ratio is presently -4.09%.

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.