thyssenkrupp AG (OTCMKTS:TKAMY) Sees Significant Decline in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMY - Get Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 11,600 shares, a decline of 40.2% from the January 15th total of 19,400 shares. Based on an average daily volume of 95,400 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded shares of thyssenkrupp from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 30th.

thyssenkrupp Trading Up 1.6 %

OTCMKTS TKAMY traded up $0.08 during trading hours on Monday, hitting $4.96. 123,016 shares of the company were exchanged, compared to its average volume of 30,744. The stock has a market cap of $3.09 billion, a PE ratio of -1.87 and a beta of 1.99. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $5.84. The stock has a 50-day moving average price of $4.40 and a 200 day moving average price of $3.92. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06.

thyssenkrupp (OTCMKTS:TKAMY - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported ($0.09) earnings per share for the quarter. thyssenkrupp had a negative net margin of 4.33% and a negative return on equity of 13.47%. The firm had revenue of $8.35 billion during the quarter.

thyssenkrupp Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 12th. Shareholders of record on Tuesday, February 4th were paid a $0.1552 dividend. This is a positive change from thyssenkrupp's previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 4th. thyssenkrupp's dividend payout ratio (DPR) is presently -3.77%.

About thyssenkrupp

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.