ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Short Interest Up 186.7% in June

ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 13,310 shares, a growth of 186.7% from the May 31st total of 4,642 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 20,875 shares, the short-interest ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TKAMY shares. Deutsche Bank Aktiengesellschaft raised shares of ThyssenKrupp from a “buy” rating to a “buy” rating in a research report on Thursday, April 30th. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Thursday, May 14th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

ThyssenKrupp Stock Performance

Shares of TKAMY opened at $11.68 on Friday. The firm has a market cap of $7.27 billion, a price-to-earnings ratio of 14.24 and a beta of 1.37. The company has a quick ratio of 0.99, a current ratio of 1.66 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $12.22 and its two-hundred day moving average is $11.59. ThyssenKrupp has a 52-week low of $8.16 and a 52-week high of $17.02.

About ThyssenKrupp

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.