Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Sees Significant Growth in Short Interest

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF - Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 4,710,500 shares, a growth of 10.5% from the January 15th total of 4,262,300 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 872.3 days.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

Shares of OTCMKTS:BAMXF traded up $4.94 during mid-day trading on Tuesday, reaching $86.33. The company had a trading volume of 3,240 shares, compared to its average volume of 2,031. Bayerische Motoren Werke Aktiengesellschaft has a one year low of $68.86 and a one year high of $123.75. The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.65. The company's 50-day moving average price is $80.59 and its 200-day moving average price is $81.80. The firm has a market cap of $50.05 billion, a price-to-earnings ratio of 6.15 and a beta of 0.94.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of Bayerische Motoren Werke Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.