Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Significant Increase in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 27,100 shares, a growth of 133.6% from the January 31st total of 11,600 shares. Based on an average daily volume of 1,204,400 shares, the days-to-cover ratio is presently 0.0 days.

Continental Aktiengesellschaft Stock Performance

Shares of CTTAY stock opened at $7.11 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 0.81. The stock has a market cap of $14.22 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 0.35 and a beta of 1.56. The stock has a 50-day moving average of $6.89 and a 200-day moving average of $6.59. Continental Aktiengesellschaft has a one year low of $5.56 and a one year high of $8.03.

Analysts Set New Price Targets

Separately, UBS Group raised Continental Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Friday, November 15th.

About Continental Aktiengesellschaft

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.