Short Interest in Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Declines By 32.8%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY - Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totalling 24,000 shares, a drop of 32.8% from the April 15th total of 35,700 shares. Based on an average daily trading volume, of 96,500 shares, the days-to-cover ratio is presently 0.2 days.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Shares of BMWYY traded down $0.14 during mid-day trading on Friday, hitting $36.49. 56,653 shares of the company traded hands, compared to its average volume of 54,757. The company has a current ratio of 1.09, a quick ratio of 0.82 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $65.97 billion, a price-to-earnings ratio of 6.02 and a beta of 1.18. The business has a 50-day moving average of $38.49 and a 200 day moving average of $36.50. Bayerische Motoren Werke Aktiengesellschaft has a one year low of $30.80 and a one year high of $41.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY - Get Free Report) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $1.60 EPS for the quarter. The firm had revenue of $39.75 billion for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.82% and a net margin of 7.01%. As a group, equities analysts expect that Bayerische Motoren Werke Aktiengesellschaft will post 6.5 earnings per share for the current fiscal year.

Bayerische Motoren Werke Aktiengesellschaft Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be given a dividend of $1.5397 per share. The ex-dividend date of this dividend is Thursday, May 16th. Bayerische Motoren Werke Aktiengesellschaft's dividend payout ratio is 36.96%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BMWYY. Jefferies Financial Group restated a "hold" rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research report on Wednesday, March 27th. Redburn Atlantic initiated coverage on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday, January 24th. They issued a "buy" rating for the company. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold".

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.