Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Sees Large Drop in Short Interest

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 40,900 shares, a decline of 38.3% from the February 29th total of 66,300 shares. Based on an average daily volume of 121,200 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Redburn Atlantic began coverage on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday, January 24th. They issued a “buy” rating for the company. Jefferies Financial Group reiterated a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Bayerische Motoren Werke Aktiengesellschaft currently has a consensus rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 0.1 %

BMWYY traded up $0.03 during midday trading on Friday, hitting $38.53. 46,218 shares of the company’s stock traded hands, compared to its average volume of 74,407. The company has a market cap of $69.65 billion, a PE ratio of 6.06 and a beta of 1.20. The stock’s fifty day simple moving average is $37.26 and its 200-day simple moving average is $35.60. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.12 and a quick ratio of 0.83. Bayerische Motoren Werke Aktiengesellschaft has a one year low of $30.80 and a one year high of $41.20.

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.