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

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

thyssenkrupp Stock Performance

TYEKF traded down $0.54 during trading on Wednesday, hitting $9.46. 653 shares of the company traded hands, compared to its average volume of 23,564. The firm has a market cap of $5.89 billion, a P/E ratio of -4.30 and a beta of 1.13. The stock's fifty day moving average is $10.37 and its 200 day moving average is $7.30. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06. thyssenkrupp has a one year low of $3.10 and a one year high of $12.25.

thyssenkrupp Company Profile

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.