Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Sees Large Drop in Short Interest

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 5,864,500 shares, a decline of 8.1% from the October 31st total of 6,384,700 shares. Based on an average daily trading volume, of 7,500 shares, the days-to-cover ratio is currently 781.9 days.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 5.2 %

Shares of BAMXF traded up $3.78 during mid-day trading on Tuesday, reaching $76.79. 6,400 shares of the company’s stock were exchanged, compared to its average volume of 3,407. The business’s fifty day simple moving average is $78.93 and its 200-day simple moving average is $88.46. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $68.86 and a 52-week high of $123.75. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 1.10.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.