thyssenkrupp AG (OTCMKTS:TKAMY) Sees Large Increase in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMY) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 3,800 shares, an increase of 81.0% from the May 15th total of 2,100 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is presently 0.3 days.

thyssenkrupp Stock Performance

OTCMKTS:TKAMY traded down $0.01 during trading hours on Friday, hitting $4.45. 26,759 shares of the company traded hands, compared to its average volume of 8,530. thyssenkrupp has a twelve month low of $4.41 and a twelve month high of $8.33. The firm has a 50-day moving average of $5.07 and a 200 day moving average of $5.73. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.87 and a quick ratio of 1.23.

thyssenkrupp (OTCMKTS:TKAMY) last released its earnings results on Wednesday, May 15th. The company reported ($0.14) EPS for the quarter. thyssenkrupp had a net margin of 0.20% and a return on equity of 0.61%. The company had revenue of $9.84 billion for the quarter.

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.