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

thyssenkrupp AG (OTCMKTS:TYEKF) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,130,400 shares, a decline of 19.8% from the November 30th total of 1,409,300 shares. Based on an average daily volume of 16,000 shares, the short-interest ratio is currently 70.7 days.

thyssenkrupp Stock Performance

OTCMKTS:TYEKF opened at $4.03 on Friday. The firm has a market capitalization of $2.51 billion, a PE ratio of -1.52 and a beta of 1.83. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.85 and a quick ratio of 1.16. The business’s fifty day moving average price is $3.87 and its 200 day moving average price is $3.86. thyssenkrupp has a 12 month low of $3.10 and a 12 month high of $7.11.

About thyssenkrupp

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.