ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Stock Short Interest Report for October

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 9,999 shares, a growth of 3,745.8% from the September 30th total of 260 shares. Based on an average daily trading volume, of 19,991 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

TKAMY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ThyssenKrupp in a research report on Friday, September 4th. Citigroup restated a “buy” rating on shares of ThyssenKrupp in a research note on Friday, August 21st. Zacks Research raised ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Kepler Capital Markets cut ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Finally, DZ Bank upgraded ThyssenKrupp from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

ThyssenKrupp Stock Performance

Shares of ThyssenKrupp stock traded up $0.12 during trading on Monday, hitting $15.44. 7,087 shares of the stock were exchanged, compared to its average volume of 33,239. The stock’s fifty day moving average is $16.36 and its 200 day moving average is $13.93. The stock has a market cap of $9.61 billion, a PE ratio of 28.59 and a beta of 1.41. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.98 and a current ratio of 1.62. ThyssenKrupp has a 12 month low of $8.16 and a 12 month high of $18.16.

ThyssenKrupp Company Profile

Thyssenkrupp AG is a Germany-based industrial group with businesses spanning steel, materials services, automotive technology, marine systems and industrial decarbonization. The company develops and supplies products and services for manufacturers, infrastructure providers, energy companies and other industrial customers.

Its activities include producing flat steel products and other specialty materials, distributing and processing metals, and supplying components and systems for vehicles.