TKMS AG & Co KGaA (OTCMKTS:TKMSF) Sees Large Drop in Short Interest

TKMS AG & Co KGaA (OTCMKTS:TKMSF) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 144,180 shares, a drop of 50.6% from the July 30th total of 291,819 shares. Based on an average trading volume of 228 shares, the short-interest ratio is currently 632.4 days.

TKMS AG & Co KGaA Stock Performance

TKMS AG & Co KGaA stock opened at $107.20 on Friday. TKMS AG & Co KGaA has a 52-week low of $73.00 and a 52-week high of $120.00. The stock’s 50 day moving average price is $98.18 and its two-hundred day moving average price is $97.95.

TKMS AG & Co KGaA, commonly known as Thyssenkrupp Marine Systems (TKMS), is a German naval shipbuilding and systems company that designs, builds and supports military vessels and undersea platforms. The business focuses on the engineering and delivery of complex naval hardware and integrated systems, offering end-to-end capabilities from design and construction through to in-service support and modernization. TKMS’ work centers on defense markets and state navies rather than commercial shipbuilding.

Product and service offerings include conventional and air‑independent propulsion (AIP) submarines, surface combatants such as frigates and corvettes, and the associated combat, sensor and propulsion systems required for naval operations.