RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Up 1,700.0% in October

RWE Aktiengesellschaft (OTCMKTS:RWEOY) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the October 15th total of 100 shares. Based on an average trading volume of 130,700 shares, the days-to-cover ratio is currently 0.0 days.

RWE Aktiengesellschaft Price Performance

OTCMKTS RWEOY traded down $0.70 during trading hours on Tuesday, hitting $31.89. 163,860 shares of the company were exchanged, compared to its average volume of 75,184. RWE Aktiengesellschaft has a 52-week low of $30.14 and a 52-week high of $46.13. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.74 and a quick ratio of 1.63. The company has a 50 day moving average of $34.67 and a two-hundred day moving average of $35.59.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last posted its earnings results on Wednesday, August 14th. The utilities provider reported $0.81 earnings per share for the quarter, beating the consensus estimate of ($0.32) by $1.13. The firm had revenue of $4.95 billion during the quarter. RWE Aktiengesellschaft had a net margin of 14.01% and a return on equity of 9.53%. As a group, research analysts predict that RWE Aktiengesellschaft will post 3.45 EPS for the current year.

Analysts Set New Price Targets

Separately, Barclays raised RWE Aktiengesellschaft to a “strong-buy” rating in a research note on Monday, September 30th.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.