thyssenkrupp AG (OTCMKTS:TKAMY – Get Free Report) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 22,300 shares, a growth of 92.2% from the January 31st total of 11,600 shares. Based on an average daily trading volume, of 46,100 shares, the days-to-cover ratio is currently 0.5 days.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group downgraded shares of thyssenkrupp from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 30th.
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thyssenkrupp Trading Down 0.3 %
thyssenkrupp (OTCMKTS:TKAMY – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported ($0.09) EPS for the quarter. The firm had revenue of $8.35 billion for the quarter. thyssenkrupp had a negative net margin of 3.63% and a negative return on equity of 11.24%.
thyssenkrupp Increases Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, February 12th. Investors of record on Tuesday, February 4th were paid a dividend of $0.1552 per share. The ex-dividend date was Tuesday, February 4th. This is a positive change from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s payout ratio is presently -4.09%.
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.
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