thyssenkrupp AG (OTCMKTS:TYEKF) Sees Significant Drop in Short Interest

thyssenkrupp AG (OTCMKTS:TYEKF - Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 460,300 shares, a decline of 16.8% from the April 30th total of 553,300 shares. Based on an average trading volume of 11,000 shares, the short-interest ratio is presently 41.8 days. Approximately 0.1% of the company's stock are sold short.

thyssenkrupp Stock Up 0.3%

Shares of thyssenkrupp stock traded up $0.03 during trading on Friday, reaching $10.03. 100 shares of the company traded hands, compared to its average volume of 23,563. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. The company has a 50 day moving average price of $10.33 and a 200-day moving average price of $7.40. thyssenkrupp has a 1-year low of $3.10 and a 1-year high of $12.25. The firm has a market capitalization of $6.24 billion, a PE ratio of -4.56 and a beta of 1.05.

About thyssenkrupp

thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.