ThyssenKrupp AG (OTCMKTS:TYEKF) Sees Large Growth in Short Interest

ThyssenKrupp AG (OTCMKTS:TYEKFGet Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 2,428,796 shares, a growth of 74.0% from the May 31st total of 1,395,567 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 172 shares, the days-to-cover ratio is currently 14,120.9 days.

ThyssenKrupp Price Performance

OTCMKTS:TYEKF opened at $12.50 on Thursday. The company has a market cap of $7.78 billion, a price-to-earnings ratio of 15.24 and a beta of 1.22. ThyssenKrupp has a twelve month low of $8.00 and a twelve month high of $15.70. The company has a current ratio of 1.66, a quick ratio of 0.99 and a debt-to-equity ratio of 0.05. The stock has a fifty day simple moving average of $12.11 and a 200-day simple moving average of $11.43.

ThyssenKrupp Company Profile

(Get Free Report)

ThyssenKrupp AG is a diversified industrial group headquartered in Essen, Germany, with operations spanning multiple continents. The company serves a broad range of end markets, including automotive, construction, mechanical engineering, and logistics. ThyssenKrupp’s global footprint encompasses production facilities, distribution centers and service locations across Europe, the Americas, Asia and the Middle East, enabling it to provide tailored solutions to customers around the world.

The company’s main business activities are organized into several segments.

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