MTU Aero Engines AG (OTCMKTS:MTUAY) Sees Large Decrease in Short Interest

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a drop of 55.6% from the March 31st total of 3,600 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 46,400 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets raised shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday.

MTU Aero Engines Stock Up 2.6 %

MTUAY stock traded up $4.42 on Thursday, hitting $175.28. 9,958 shares of the company's stock were exchanged, compared to its average volume of 11,248. The firm has a 50 day moving average price of $169.78 and a two-hundred day moving average price of $168.83. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. MTU Aero Engines has a 12-month low of $116.89 and a 12-month high of $191.30. The stock has a market cap of $18.87 billion, a P/E ratio of 27.73 and a beta of 1.12.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $2.16 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.12. The company had revenue of $2.27 billion during the quarter. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. As a group, equities research analysts expect that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).