RWE AG (OTCMKTS:RWEOY) Short Interest Update

RWE AG (OTCMKTS:RWEOY - Get Free Report) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 27,600 shares, a decline of 34.6% from the May 15th total of 42,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 42,300 shares, the days-to-cover ratio is presently 0.7 days.

Analysts Set New Price Targets

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

RWE Stock Performance

Shares of RWEOY traded up $0.21 during trading hours on Friday, reaching $40.40. 23,967 shares of the company traded hands, compared to its average volume of 95,553. The stock has a fifty day simple moving average of $38.12 and a 200 day simple moving average of $34.05. RWE has a fifty-two week low of $28.68 and a fifty-two week high of $41.58. The company has a quick ratio of 1.16, a current ratio of 1.21 and a debt-to-equity ratio of 0.40.

RWE (OTCMKTS:RWEOY - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter. The company had revenue of $6.72 billion for the quarter. RWE had a net margin of 16.82% and a return on equity of 5.78%. Equities research analysts predict that RWE will post 3.18 EPS for the current year.

RWE Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th were issued a $0.8535 dividend. The ex-dividend date was Monday, May 5th. This is an increase from RWE's previous dividend of $0.76. This represents a yield of 2.19%. RWE's payout ratio is 15.12%.

RWE Company Profile

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.