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Short Interest in MTU Aero Engines AG (OTCMKTS:MTUAY) Drops By 90.0%

MTU Aero Engines logo with Aerospace background

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decline of 90.0% from the September 30th total of 1,000 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is currently 0.0 days.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY traded down $2.04 during trading on Friday, hitting $166.60. 3,078 shares of the stock were exchanged, compared to its average volume of 9,491. MTU Aero Engines has a 12-month low of $92.16 and a 12-month high of $169.25. The company has a market cap of $17.93 billion, a PE ratio of -203.18 and a beta of 1.46. The company has a fifty day moving average price of $154.91 and a two-hundred day moving average price of $137.21. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The company reported $2.02 earnings per share (EPS) for the quarter. MTU Aero Engines had a positive return on equity of 21.03% and a negative net margin of 1.29%. The business had revenue of $2.08 billion for the quarter. On average, analysts forecast that MTU Aero Engines will post 7.34 EPS for the current year.

MTU Aero Engines Company Profile

(Get Free Report)

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).

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