Short Interest in thyssenkrupp AG (OTCMKTS:TKAMY) Rises By 1,516.7%

thyssenkrupp AG (OTCMKTS:TKAMY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 19,400 shares, an increase of 1,516.7% from the December 31st total of 1,200 shares. Based on an average daily trading volume, of 12,700 shares, the days-to-cover ratio is currently 1.5 days.

thyssenkrupp Stock Performance

Shares of OTCMKTS TKAMY traded down $0.02 during trading on Friday, reaching $5.07. 3,639 shares of the stock traded hands, compared to its average volume of 27,527. The company has a 50-day moving average of $4.26 and a 200-day moving average of $3.87. The stock has a market capitalization of $3.15 billion, a P/E ratio of -1.91 and a beta of 1.97. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.76 and a quick ratio of 1.15. thyssenkrupp has a 52-week low of $3.08 and a 52-week high of $6.29.

thyssenkrupp Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 12th. Stockholders of record on Tuesday, February 4th will be issued a $0.1552 dividend. The ex-dividend date of this dividend is Tuesday, February 4th. This is a boost from thyssenkrupp’s previous dividend of $0.10. thyssenkrupp’s dividend payout ratio 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.