Short Interest in Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Grows By 24.0%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 71,400 shares, a growth of 24.0% from the June 30th total of 57,600 shares. Based on an average daily trading volume, of 205,400 shares, the days-to-cover ratio is presently 0.3 days.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

Bayerische Motoren Werke Aktiengesellschaft stock traded down $0.08 during trading hours on Monday, reaching $31.65. 132,000 shares of the stock were exchanged, compared to its average volume of 85,287. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.83 and a current ratio of 1.13. The stock has a market cap of $57.22 billion, a P/E ratio of 5.22 and a beta of 1.10. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $30.80 and a 52-week high of $41.65. The firm’s 50 day moving average is $32.44 and its 200 day moving average is $35.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last released its earnings results on Wednesday, May 8th. The company reported $1.60 earnings per share (EPS) for the quarter. The firm had revenue of $39.75 billion for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a return on equity of 11.70% and a net margin of 7.01%. Analysts predict that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on BMWYY. Hsbc Global Res upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 9th. HSBC upgraded shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Tuesday, July 9th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.