thyssenkrupp AG (OTCMKTS:TYEKF) Sees Significant Increase in Short Interest

thyssenkrupp AG (OTCMKTS:TYEKF) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,409,300 shares, a growth of 29.6% from the November 15th total of 1,087,800 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is currently 207.3 days.

thyssenkrupp Trading Down 2.0 %

OTCMKTS TYEKF opened at $4.50 on Friday. The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of -1.70 and a beta of 1.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.16 and a current ratio of 1.85. thyssenkrupp has a one year low of $3.10 and a one year high of $7.11. The company’s 50 day moving average price is $3.76 and its 200 day moving average price is $3.91.

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.