MTU Aero Engines AG (OTCMKTS:MTUAY) Sees Large Growth in Short Interest

MTU Aero Engines AG (OTCMKTS:MTUAY) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 500 shares, a growth of 66.7% from the March 31st total of 300 shares. Based on an average daily volume of 11,400 shares, the days-to-cover ratio is currently 0.0 days.

MTU Aero Engines Price Performance

MTU Aero Engines stock traded up $2.27 during trading hours on Monday, reaching $119.54. The stock had a trading volume of 4,800 shares, compared to its average volume of 8,433. The company has a market cap of $12.87 billion, a price-to-earnings ratio of 20.09 and a beta of 1.43. The business’s 50 day moving average price is $120.87 and its 200-day moving average price is $110.49. MTU Aero Engines has a 52 week low of $84.47 and a 52 week high of $132.16.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Thursday, February 29th. The company reported $1.54 earnings per share for the quarter. MTU Aero Engines had a positive return on equity of 17.99% and a negative net margin of 1.90%. The business had revenue of $1.84 billion for the quarter. On average, sell-side analysts forecast that MTU Aero Engines will post 6.69 EPS for the current fiscal year.

MTU Aero Engines Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 10th will be issued a $0.7523 dividend. The ex-dividend date of this dividend is Thursday, May 9th. MTU Aero Engines’s dividend payout ratio (DPR) is presently -113.89%.

MTU Aero Engines Company Profile

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).