RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Down 99.5% in October

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a drop of 99.5% from the September 30th total of 19,100 shares. Based on an average trading volume of 81,200 shares, the days-to-cover ratio is currently 0.0 days.

RWE Aktiengesellschaft Stock Performance

Shares of RWEOY traded down $0.23 during midday trading on Friday, reaching $32.98. The stock had a trading volume of 79,405 shares, compared to its average volume of 68,944. The company has a current ratio of 1.74, a quick ratio of 1.63 and a debt-to-equity ratio of 0.48. RWE Aktiengesellschaft has a one year low of $32.68 and a one year high of $46.13. The firm has a 50 day simple moving average of $35.32 and a 200-day simple moving average of $35.68. The firm has a market cap of $22.30 billion, a PE ratio of 12.63 and a beta of 0.89.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last released its quarterly earnings results on Wednesday, August 14th. The utilities provider reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.13. RWE Aktiengesellschaft had a net margin of 14.01% and a return on equity of 9.53%. The company had revenue of $4.95 billion during the quarter. As a group, sell-side analysts anticipate that RWE Aktiengesellschaft will post 3.25 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of RWE Aktiengesellschaft to a “strong-buy” rating in a report on Monday, September 30th.

RWE Aktiengesellschaft Company Profile

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.