Short Interest in thyssenkrupp AG (OTCMKTS:TYEKF) Drops By 19.8%

thyssenkrupp AG (OTCMKTS:TYEKF - Get Free Report) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 1,130,400 shares, a drop of 19.8% from the November 30th total of 1,409,300 shares. Based on an average daily volume of 16,000 shares, the days-to-cover ratio is currently 70.7 days.

thyssenkrupp Price Performance

thyssenkrupp stock remained flat at $4.03 during trading on Friday. The company had a trading volume of 47,037 shares, compared to its average volume of 2,799. The firm's 50-day moving average price is $3.87 and its 200 day moving average price is $3.86. The firm has a market capitalization of $2.51 billion, a P/E ratio of -1.52 and a beta of 1.83. The company has a quick ratio of 1.16, a current ratio of 1.85 and a debt-to-equity ratio of 0.06. thyssenkrupp has a 52-week low of $3.10 and a 52-week high of $7.11.

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.