thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Down 91.5% in November

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 4,200 shares, a decrease of 91.5% from the October 31st total of 49,300 shares. Based on an average trading volume of 17,500 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of thyssenkrupp to a “strong-buy” rating in a report on Monday, September 16th.

thyssenkrupp Stock Up 3.9 %

thyssenkrupp stock traded up $0.16 during mid-day trading on Friday, reaching $4.09. 45,011 shares of the company’s stock were exchanged, compared to its average volume of 19,873. The company has a market cap of $2.54 billion, a P/E ratio of -1.54 and a beta of 1.93. thyssenkrupp has a twelve month low of $3.08 and a twelve month high of $7.72. 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 company has a fifty day moving average of $3.68 and a 200-day moving average of $4.03.

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.