OMV Aktiengesellschaft (OTCMKTS:OMVKY) Short Interest Down 13.2% in May

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

OMV Aktiengesellschaft Price Performance

Shares of OMVKY stock traded down $0.01 during mid-day trading on Friday, hitting $12.39. 4,170 shares of the stock traded hands, compared to its average volume of 16,074. OMV Aktiengesellschaft has a twelve month low of $9.42 and a twelve month high of $13.86. The firm has a market cap of $16.22 billion, a price-to-earnings ratio of 4.98, a price-to-earnings-growth ratio of 0.80 and a beta of 0.26. The company's 50-day simple moving average is $12.79 and its 200-day simple moving average is $11.34. 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 issued its quarterly earnings results on Wednesday, April 30th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.91. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. The company had revenue of $6.75 billion for the quarter, compared to analysts' expectations of $9.29 billion. As a group, equities research analysts expect that OMV Aktiengesellschaft will post 1.64 earnings per share for the current year.

OMV Aktiengesellschaft Cuts Dividend

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Berenberg Bank raised OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 18th. Cfra Research raised OMV Aktiengesellschaft to a "moderate sell" rating in a report on Wednesday, April 9th.

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.