MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Up 160.0% in September

Key Points

• MTU Aero Engines AG experienced a significant increase in short interest of 160.0% in September, rising from 1,500 shares to 3,900 shares.
• Several analysts downgraded the stock from a "strong-buy" to a "hold" rating, with a current consensus rating of "Moderate Buy."
• The company's stock price fell 1.9% to $213.61, with a market cap of $22.99 billion and earnings per share projected at 8.69 for the current year.

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 3,900 shares, a growth of 160.0% from the September 15th total of 1,500 shares. Based on an average trading volume of 102,200 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 102,200 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

A number of analysts have commented on the stock. UBS Group cut shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 4th. Zacks Research cut shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 29th. The Goldman Sachs Group assumed coverage on shares of MTU Aero Engines in a research report on Friday, September 19th. They set a "hold" rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of MTU Aero Engines in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy".

MTU Aero Engines Stock Down 1.9%

Shares of MTUAY stock traded down $4.18 on Friday, reaching $213.61. 10,559 shares of the company were exchanged, compared to its average volume of 21,492. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.39 and a quick ratio of 1.04. MTU Aero Engines has a one year low of $145.02 and a one year high of $232.86. The company has a market cap of $22.99 billion, a price-to-earnings ratio of 24.67 and a beta of 1.31. The company has a 50-day moving average of $220.61 and a 200-day moving average of $204.41.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last announced its quarterly 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 business had revenue of $2.37 billion for the quarter. Analysts anticipate that MTU Aero Engines will post 8.69 earnings per share for the current year.

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).

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