MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Up 80.0% in May

MTU Aero Engines AG (OTCMKTS:MTUAY) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,800 shares, an increase of 80.0% from the April 30th total of 1,000 shares. Based on an average daily trading volume, of 13,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 28th.

MTU Aero Engines Stock Performance

OTCMKTS:MTUAY traded up $2.48 during mid-day trading on Monday, hitting $204.00. The company’s stock had a trading volume of 71,796 shares, compared to its average volume of 11,170. The stock has a market cap of $21.96 billion, a price-to-earnings ratio of 32.28 and a beta of 1.32. MTU Aero Engines has a 1 year low of $116.89 and a 1 year high of $204.00. The business’s fifty day moving average is $174.37 and its two-hundred day moving average is $172.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86.

MTU Aero Engines (OTCMKTS:MTUAY) last released its earnings results on Tuesday, May 6th. The company reported $2.09 earnings per share for the quarter. The business had revenue of $2.22 billion for the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. Analysts anticipate that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

MTU Aero Engines Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 13th were paid a dividend of $0.8513 per share. This is an increase from MTU Aero Engines’s previous dividend of $0.75. This represents a yield of 0.47%. The ex-dividend date of this dividend was Monday, May 12th. MTU Aero Engines’s dividend payout ratio is presently 11.45%.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).