Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Up 638.7% in November

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 45,800 shares, a growth of 638.7% from the October 31st total of 6,200 shares. Based on an average trading volume of 233,300 shares, the days-to-cover ratio is presently 0.2 days.

Continental Aktiengesellschaft Trading Up 0.9 %

Shares of OTCMKTS CTTAY traded up $0.06 during midday trading on Friday, reaching $6.50. The stock had a trading volume of 65,318 shares, compared to its average volume of 118,566. The firm has a market cap of $13.00 billion, a price-to-earnings ratio of 12.04, a price-to-earnings-growth ratio of 0.40 and a beta of 1.57. Continental Aktiengesellschaft has a twelve month low of $5.56 and a twelve month high of $8.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 1.20. The company’s 50 day moving average price is $6.31 and its 200 day moving average price is $6.33.

Analyst Ratings Changes

Separately, UBS Group upgraded shares of Continental Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th.

Continental Aktiengesellschaft Company Profile

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.