Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Large Decline in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, a decline of 69.2% from the March 15th total of 2,600 shares. Based on an average daily volume of 200,100 shares, the days-to-cover ratio is currently 0.0 days.

Continental Aktiengesellschaft Price Performance

CTTAY remained flat at $7.21 during trading on Wednesday. The company's stock had a trading volume of 45,344 shares, compared to its average volume of 68,113. Continental Aktiengesellschaft has a one year low of $6.15 and a one year high of $8.51. The firm has a market capitalization of $14.42 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 0.33 and a beta of 1.66. The stock's 50-day moving average price is $7.64 and its 200 day moving average price is $7.53. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.20 and a quick ratio of 0.78.

Continental Aktiengesellschaft Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 30th will be paid a dividend of $0.1568 per share. This is a boost from Continental Aktiengesellschaft's previous dividend of $0.11. The ex-dividend date is Monday, April 29th. Continental Aktiengesellschaft's dividend payout ratio (DPR) is 19.67%.

About Continental Aktiengesellschaft

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.

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