Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 93,200 shares, a growth of 198.7% from the November 30th total of 31,200 shares. Based on an average daily trading volume, of 234,700 shares, the days-to-cover ratio is presently 0.4 days.

Continental Aktiengesellschaft Stock Down 0.2 %

CTTAY stock traded down $0.02 during midday trading on Thursday, reaching $6.65. The company had a trading volume of 65,354 shares, compared to its average volume of 188,626. The company has a 50 day moving average of $6.49 and a two-hundred day moving average of $6.34. The company has a market capitalization of $13.30 billion, a P/E ratio of 12.31, a PEG ratio of 0.39 and a beta of 1.58. Continental Aktiengesellschaft has a 1 year low of $5.56 and a 1 year high of $8.51. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded Continental Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a report on Friday, November 15th.

About Continental Aktiengesellschaft

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.