thyssenkrupp AG (OTCMKTS:TYEKF) Sees Large Decline in Short Interest

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

thyssenkrupp Trading Down 1.7 %

TYEKF opened at $3.96 on Tuesday. The firm has a 50 day simple moving average of $3.87 and a 200 day simple moving average of $3.84. thyssenkrupp has a fifty-two week low of $3.10 and a fifty-two week high of $6.95. The company has a market cap of $2.46 billion, a price-to-earnings ratio of -1.49 and a beta of 1.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.85 and a quick ratio of 1.16.

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.