OMV Aktiengesellschaft (OTCMKTS:OMVKY) Short Interest Up 4,100.0% in March

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 4,200 shares, a growth of 4,100.0% from the February 28th total of 100 shares. Based on an average trading volume of 23,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

OMV Aktiengesellschaft Trading Down 1.0 %

OMVKY traded down $0.13 on Friday, reaching $12.86. 6,181 shares of the company traded hands, compared to its average volume of 18,845. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28. The company has a market cap of $16.83 billion, a P/E ratio of 5.16, a price-to-earnings-growth ratio of 0.80 and a beta of 0.67. The firm has a fifty day simple moving average of $11.06 and a two-hundred day simple moving average of $10.50. OMV Aktiengesellschaft has a one year low of $9.42 and a one year high of $13.17.

OMV Aktiengesellschaft (OTCMKTS:OMVKY - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, equities research analysts expect that OMV Aktiengesellschaft will post 1.64 earnings per share for the current year.

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Analysts Set New Price Targets

Separately, Berenberg Bank upgraded OMV Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 18th.

About OMV Aktiengesellschaft

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.