RWE Aktiengesellschaft (OTCMKTS:RWEOY) Sees Significant Decline in Short Interest

RWE Aktiengesellschaft (OTCMKTS:RWEOY - Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 5,500 shares, a decrease of 65.6% from the March 31st total of 16,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 301,200 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an "overweight" rating on shares of RWE Aktiengesellschaft in a research note on Monday, March 24th.

RWE Aktiengesellschaft Trading Down 0.5 %

Shares of OTCMKTS RWEOY traded down $0.18 during midday trading on Thursday, reaching $38.91. The company had a trading volume of 19,335 shares, compared to its average volume of 122,404. The firm's fifty day moving average price is $35.64 and its 200-day moving average price is $32.86. The company has a quick ratio of 1.42, a current ratio of 1.55 and a debt-to-equity ratio of 0.45. RWE Aktiengesellschaft has a one year low of $28.68 and a one year high of $39.31. The stock has a market cap of $26.31 billion, a PE ratio of 9.44 and a beta of 0.77.

RWE Aktiengesellschaft (OTCMKTS:RWEOY - Get Free Report) last posted its earnings results on Thursday, March 20th. The utilities provider reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.15. RWE Aktiengesellschaft had a return on equity of 8.16% and a net margin of 12.03%. The company had revenue of $8.82 billion for the quarter, compared to analysts' expectations of $18.09 billion. On average, equities research analysts anticipate that RWE Aktiengesellschaft will post 3.18 earnings per share for the current year.

RWE Aktiengesellschaft Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th will be given a $0.8535 dividend. This is a boost from RWE Aktiengesellschaft's previous dividend of $0.76. This represents a dividend yield of 2.19%. The ex-dividend date is Monday, May 5th. RWE Aktiengesellschaft's payout ratio is currently 11.35%.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.