MTU Aero Engines AG (OTCMKTS:MTUAY) Sees Large Increase in Short Interest

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,800 shares, an increase of 80.0% from the April 30th total of 1,000 shares. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th.

MTU Aero Engines Trading Up 1.2%

MTU Aero Engines stock traded up $2.48 during trading hours on Monday, reaching $204.00. 71,796 shares of the company's stock were exchanged, compared to its average volume of 11,170. The firm's 50 day simple moving average is $174.37 and its 200 day simple moving average is $172.30. MTU Aero Engines has a twelve month low of $116.89 and a twelve month high of $204.00. The firm has a market capitalization of $21.96 billion, a PE ratio of 32.28 and a beta of 1.32. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $2.09 EPS for the quarter. The company had revenue of $2.22 billion during the quarter. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. Research analysts predict that MTU Aero Engines will post 8.69 earnings per share for the current year.

MTU Aero Engines Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were given a dividend of $0.8513 per share. This represents a dividend yield of 0.47%. The ex-dividend date was Monday, May 12th. This is a boost from MTU Aero Engines's previous dividend of $0.75. MTU Aero Engines's dividend payout ratio is 11.45%.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).