Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVKY) Rises By 4,100.0%

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,200 shares, a growth of 4,100.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 23,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 18th.

OMV Aktiengesellschaft Stock Performance

Shares of OTCMKTS OMVKY opened at $12.99 on Friday. The stock has a market cap of $17.01 billion, a PE ratio of 5.22, a price-to-earnings-growth ratio of 0.80 and a beta of 0.67. OMV Aktiengesellschaft has a 1 year low of $9.42 and a 1 year high of $13.17. The firm has a fifty day moving average price of $11.00 and a 200-day moving average price of $10.48. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.71 and a quick ratio of 1.26.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $1.40. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. Equities analysts anticipate that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal year.

About OMV Aktiengesellschaft

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.