Short Interest in MTU Aero Engines AG (OTCMKTS:MTUAY) Expands By 50.0%

Key Points

• MTU Aero Engines AG experienced a 50% increase in short interest during July, rising to 1,500 shares from 1,000 shares, indicating increased market speculation.
• The company reported a quarterly EPS of $2.71 alongside revenues of $2.37 billion, reflecting strong financial performance.
• Analysts have a consensus rating of "Strong Buy" for MTU Aero Engines, with Kepler Capital Markets upgrading the stock to a "strong-buy" rating.

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,500 shares, agrowthof50.0% from the July 15th total of 1,000 shares. Currently,0.0% of the company's shares are short sold. Based on an average daily volume of 11,300 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 11,300 shares, the short-interest ratio is currently 0.1 days. Currently,0.0% of the company's shares are short sold.

MTU Aero Engines Stock Up 0.9%

Shares of MTUAY stock traded up $1.96 during trading hours on Friday, reaching $223.18. 3,958 shares of the company's stock were exchanged, compared to its average volume of 6,623. The stock has a market cap of $24.03 billion, a PE ratio of 25.77 and a beta of 1.33. The company has a current ratio of 1.39, a quick ratio of 0.95 and a debt-to-equity ratio of 0.58. The stock's fifty day moving average price is $219.47 and its two-hundred day moving average price is $192.34. MTU Aero Engines has a 1 year low of $145.02 and a 1 year high of $229.06.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released its earnings results on Thursday, July 24th. The company reported $2.71 earnings per share for the quarter. MTU Aero Engines had a net margin of 10.60% and a return on equity of 24.07%. The company had revenue of $2.37 billion for the quarter. Research analysts predict that MTU Aero Engines will post 8.69 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 14th. Kepler Capital Markets raised shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Strong Buy".

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).