thyssenkrupp AG (OTCMKTS:TKAMY) Sees Significant Drop in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMY) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,200 shares, a drop of 25.0% from the December 15th total of 1,600 shares. Based on an average daily volume of 19,100 shares, the days-to-cover ratio is currently 0.1 days.

thyssenkrupp Stock Up 3.0 %

Shares of TKAMY traded up $0.12 during trading hours on Wednesday, reaching $4.17. The company’s stock had a trading volume of 905 shares, compared to its average volume of 6,267. thyssenkrupp has a 1-year low of $3.08 and a 1-year high of $6.39. The company has a 50 day moving average of $4.04 and a two-hundred day moving average of $3.85. The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of -1.57 and a beta of 1.97.

thyssenkrupp Company Profile

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.