thyssenkrupp AG (OTCMKTS:TKAMY) Sees Large Decline in Short Interest

thyssenkrupp AG (OTCMKTS:TKAMYGet Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 1,200 shares, a decrease of 25.0% from the December 15th total of 1,600 shares. Based on an average daily volume of 19,100 shares, the days-to-cover ratio is presently 0.1 days.

thyssenkrupp Stock Down 1.4 %

Shares of OTCMKTS TKAMY opened at $4.11 on Friday. The firm’s fifty day moving average is $4.05 and its 200 day moving average is $3.86. thyssenkrupp has a 52 week low of $3.08 and a 52 week high of $6.39. The company has a quick ratio of 1.15, a current ratio of 1.76 and a debt-to-equity ratio of 0.06. The company has a market cap of $2.56 billion, a price-to-earnings ratio of -1.55 and a beta of 1.97.

About thyssenkrupp

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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.

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