ThyssenKrupp AG (OTCMKTS:TYEKF) Short Interest Update

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

ThyssenKrupp Stock Performance

Shares of OTCMKTS TYEKF opened at $12.50 on Friday. 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 $12.21 and a 200-day simple moving average of $11.45. The stock has a market capitalization of $7.78 billion, a PE ratio of 15.24 and a beta of 1.22.

ThyssenKrupp Company Profile

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.