Short Interest in MTU Aero Engines AG (OTCMKTS:MTUAY) Drops By 56.3%

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 700 shares, a decline of 56.3% from the December 15th total of 1,600 shares. Based on an average daily trading volume, of 9,100 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th.

MTU Aero Engines Stock Performance

Shares of OTCMKTS MTUAY traded up $1.13 during mid-day trading on Tuesday, hitting $166.77. The company had a trading volume of 5,730 shares, compared to its average volume of 7,819. MTU Aero Engines has a 12 month low of $110.50 and a 12 month high of $172.71. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. The firm has a market cap of $17.95 billion, a P/E ratio of 23.56 and a beta of 1.44. The business's 50-day simple moving average is $167.11 and its 200-day simple moving average is $155.50.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The company reported $2.02 earnings per share for the quarter. The company had revenue of $2.08 billion for the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. As a group, analysts predict that MTU Aero Engines will post 7.39 earnings per share for the current fiscal year.

MTU Aero Engines Company Profile

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).