Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Sees Significant Increase in Short Interest

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 50,400 shares, an increase of 29.9% from the May 15th total of 38,800 shares. Based on an average trading volume of 199,400 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, March 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Bayerische Motoren Werke Aktiengesellschaft presently has a consensus rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

BMWYY traded down $0.63 on Friday, reaching $30.89. 91,540 shares of the stock were exchanged, compared to its average volume of 92,371. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.13 and a quick ratio of 0.83. The company’s 50-day moving average price is $35.84 and its 200 day moving average price is $36.58. The firm has a market capitalization of $55.84 billion, a PE ratio of 5.20 and a beta of 1.14. Bayerische Motoren Werke Aktiengesellschaft has a fifty-two week low of $30.80 and a fifty-two week high of $41.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last released its earnings results on Wednesday, May 8th. The company reported $1.60 EPS for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. The firm had revenue of $39.75 billion during the quarter. As a group, sell-side analysts forecast that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 31st. Stockholders of record on Friday, May 17th were paid a $1.5397 dividend. The ex-dividend date of this dividend was Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft’s payout ratio is currently 25.74%.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.