Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVKY) Decreases By 13.2%

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 22,400 shares, a decline of 13.2% from the April 30th total of 25,800 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is currently 1.2 days.

Analyst Ratings Changes

OMVKY has been the topic of several analyst reports. Berenberg Bank raised shares of OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 18th. Cfra Research upgraded shares of OMV Aktiengesellschaft to a "moderate sell" rating in a research note on Wednesday, April 9th.

OMV Aktiengesellschaft Stock Performance

OMVKY traded down $0.16 on Thursday, reaching $13.49. The company had a trading volume of 5,806 shares, compared to its average volume of 16,082. OMV Aktiengesellschaft has a fifty-two week low of $9.42 and a fifty-two week high of $13.86. The stock has a market cap of $17.66 billion, a P/E ratio of 5.42, a P/E/G ratio of 0.80 and a beta of 0.26. The company's fifty day moving average is $12.81 and its 200 day moving average is $11.32. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.71.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.91. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. The business had revenue of $6.75 billion for the quarter, compared to analyst estimates of $9.29 billion. As a group, analysts predict that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal year.

OMV Aktiengesellschaft Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Friday, June 6th will be paid a $0.3423 dividend. This represents a yield of 2.56%. The ex-dividend date is Thursday, June 5th. OMV Aktiengesellschaft's dividend payout ratio (DPR) is 21.88%.

About OMV Aktiengesellschaft

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.