thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Down 40.2% in January

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 11,600 shares, a decrease of 40.2% from the January 15th total of 19,400 shares. Based on an average daily volume of 95,400 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded thyssenkrupp from a “hold” rating to a “strong sell” rating in a report on Thursday, January 30th.

thyssenkrupp Stock Up 1.6 %

TKAMY traded up $0.08 during trading on Friday, hitting $4.96. The company had a trading volume of 123,016 shares, compared to its average volume of 30,744. thyssenkrupp has a 1-year low of $3.08 and a 1-year high of $5.84. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. The company has a market cap of $3.09 billion, a PE ratio of -1.87 and a beta of 1.99. The business has a 50-day moving average of $4.40 and a 200-day moving average of $3.92.

thyssenkrupp (OTCMKTS:TKAMY) last issued its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $8.35 billion during the quarter. thyssenkrupp had a negative net margin of 4.33% and a negative return on equity of 13.47%.

thyssenkrupp Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th were issued a $0.1552 dividend. This is an increase from thyssenkrupp’s previous dividend of $0.10. The ex-dividend date was Tuesday, February 4th. thyssenkrupp’s payout ratio is -4.09%.

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.