MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Up 50.0% in July

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 increase in short interest in July. As of July 31st, there was short interest totaling 1,500 shares, anincreaseof50.0% from the July 15th total of 1,000 shares. Approximately0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 11,300 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are short sold.

MTU Aero Engines Trading Up 0.9%

Shares of MTUAY traded up $1.96 during trading hours on Friday, hitting $223.18. 3,958 shares of the stock traded hands, compared to its average volume of 6,623. The company has a current ratio of 1.39, a quick ratio of 0.95 and a debt-to-equity ratio of 0.58. MTU Aero Engines has a 1-year low of $145.02 and a 1-year high of $229.06. The firm has a market capitalization of $24.03 billion, a PE ratio of 25.77 and a beta of 1.33. The business has a fifty day moving average of $219.47 and a 200-day moving average of $192.34.

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on MTUAY shares. Kepler Capital Markets raised MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of MTU Aero Engines in a research note on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat.com, MTU Aero Engines has an average 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).