Short Interest in MTU Aero Engines AG (OTCMKTS:MTUAY) Rises By 80.0%

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,800 shares, an increase of 80.0% from the April 30th total of 1,000 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 13,700 shares, the days-to-cover ratio is currently 0.1 days.

MTU Aero Engines Stock Performance

Shares of MTUAY stock traded up $2.48 during trading hours on Monday, reaching $204.00. 71,796 shares of the company’s stock were exchanged, compared to its average volume of 11,170. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. The company’s 50 day moving average is $174.37 and its two-hundred day moving average is $172.30. The company has a market cap of $21.96 billion, a P/E ratio of 32.28 and a beta of 1.32. MTU Aero Engines has a 1 year low of $116.89 and a 1 year high of $204.00.

MTU Aero Engines (OTCMKTS:MTUAY) last released its quarterly earnings data on Tuesday, May 6th. The company reported $2.09 earnings per share (EPS) for the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. The firm had revenue of $2.22 billion during the quarter. Equities research analysts anticipate that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

MTU Aero Engines Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were issued a $0.8513 dividend. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend was Monday, May 12th. This is an increase from MTU Aero Engines’s previous dividend of $0.75. MTU Aero Engines’s dividend payout ratio (DPR) is currently 11.45%.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Monday, April 28th.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).