thyssenkrupp AG (OTCMKTS:TKAMY) Short Interest Up 103.1% in March

thyssenkrupp AG (OTCMKTS:TKAMY - 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 26,400 shares, a growth of 103.1% from the February 28th total of 13,000 shares. Based on an average daily volume of 808,500 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered thyssenkrupp from a "hold" rating to a "strong sell" rating in a report on Thursday, January 30th.

thyssenkrupp Stock Performance

TKAMY stock traded up $0.66 during trading on Tuesday, reaching $10.34. 71,245 shares of the stock were exchanged, compared to its average volume of 146,985. The stock has a 50 day simple moving average of $7.38 and a 200-day simple moving average of $5.10. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $6.44 billion, a P/E ratio of -4.70 and a beta of 1.85. thyssenkrupp has a twelve month low of $3.08 and a twelve month high of $11.65.

thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter. thyssenkrupp had a negative return on equity of 11.24% and a negative net margin of 3.63%. The business had revenue of $8.35 billion for the quarter.

thyssenkrupp Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th were issued a $0.1552 dividend. The ex-dividend date of this dividend was Tuesday, February 4th. This is a boost from thyssenkrupp's previous dividend of $0.10. thyssenkrupp's dividend payout ratio is presently -4.09%.

thyssenkrupp Company Profile

thyssenkrupp AG operates as an industrial and technology company in Germany and internationally. It operates through five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. The Automotive Technology segment offers components, systems, and automation solutions for vehicle manufacturing, such as axle assembly, body in white, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering, and undercarriages.