Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Up 638.7% in November

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 45,800 shares, an increase of 638.7% from the October 31st total of 6,200 shares. Based on an average daily trading volume, of 233,300 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Continental Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Friday, November 15th.

Continental Aktiengesellschaft Price Performance

Shares of Continental Aktiengesellschaft stock traded up $0.06 on Friday, reaching $6.50. The stock had a trading volume of 65,318 shares, compared to its average volume of 118,566. Continental Aktiengesellschaft has a 1 year low of $5.56 and a 1 year high of $8.51. The company has a market cap of $13.00 billion, a P/E ratio of 12.04, a price-to-earnings-growth ratio of 0.40 and a beta of 1.57. The company has a current ratio of 1.20, a quick ratio of 0.77 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average is $6.31 and its two-hundred day moving average is $6.33.

Continental Aktiengesellschaft Company Profile

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.