Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Sees Significant Increase in Short Interest

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,483,200 shares, an increase of 11.1% from the August 15th total of 5,837,800 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 21,610.7 days.

Bayerische Motoren Werke Aktiengesellschaft Trading Down 0.5 %

Shares of BAMXF traded down $0.40 during mid-day trading on Tuesday, reaching $80.72. The stock had a trading volume of 6,492 shares, compared to its average volume of 26,229. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $76.51 and a 52-week high of $123.75. The business’s fifty day moving average is $91.03 and its 200 day moving average is $101.96.

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.