Short Interest in RWE Aktiengesellschaft (OTCMKTS:RWEOY) Declines By 34.6%

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 27,600 shares, a decline of 34.6% from the May 15th total of 42,200 shares. Based on an average daily volume of 42,300 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

RWE Aktiengesellschaft Trading Up 0.3%

Shares of OTCMKTS RWEOY opened at $41.14 on Tuesday. The company’s 50 day simple moving average is $37.87 and its 200 day simple moving average is $33.92. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 1.42. The firm has a market capitalization of $27.82 billion, a P/E ratio of 9.99 and a beta of 0.69. RWE Aktiengesellschaft has a fifty-two week low of $28.68 and a fifty-two week high of $41.58.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last posted its earnings results on Thursday, May 15th. The utilities provider reported $0.72 earnings per share for the quarter. RWE Aktiengesellschaft had a net margin of 12.03% and a return on equity of 8.16%. The company had revenue of $6.72 billion for the quarter. On average, analysts predict that RWE Aktiengesellschaft will post 3.18 EPS for the current year.

RWE Aktiengesellschaft Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th were given a dividend of $0.8535 per share. This is an increase from RWE Aktiengesellschaft’s previous dividend of $0.76. The ex-dividend date was Monday, May 5th. This represents a dividend yield of 2.19%. RWE Aktiengesellschaft’s dividend payout ratio is currently 14.95%.

Analyst Ratings Changes

Separately, Morgan Stanley restated an “overweight” rating on shares of RWE Aktiengesellschaft in a research report on Monday, March 24th.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.