MTU Aero Engines AG (OTCMKTS:MTUAY) Stock Short Interest Jumps 149.1%

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,184 shares, a growth of 149.1% from the September 15th total of 2,884 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 23,325 shares, the short-interest ratio is currently 0.3 days.

MTU Aero Engines Price Performance

MTUAY stock opened at $198.58 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.42 and a debt-to-equity ratio of 0.50. MTU Aero Engines has a 52-week low of $157.93 and a 52-week high of $238.57. The stock’s 50 day moving average is $205.40 and its two-hundred day moving average is $194.12. The company has a market capitalization of $21.40 billion, a PE ratio of 19.45 and a beta of 1.03.

MTU Aero Engines (OTCMKTS:MTUAY) last announced its earnings results on Thursday, July 30th. The company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.01). The business had revenue of $2.83 billion during the quarter, compared to analyst estimates of $2.60 billion. MTU Aero Engines had a net margin of 10.43% and a return on equity of 22.42%. Analysts predict that MTU Aero Engines will post 11.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Barclays cut shares of MTU Aero Engines from an “equal weight” rating to a “strong sell” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. Citigroup raised shares of MTU Aero Engines from a “sell” rating to a “buy” rating in a report on Thursday, September 24th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of MTU Aero Engines in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

About MTU Aero Engines

MTU Aero Engines AG is a Germany-based manufacturer and service provider for aircraft engines. The company develops, manufactures and supports commercial and military engine programs, producing engine modules, components and systems for use in civil and defense aviation.

MTU is also a major provider of engine maintenance, repair and overhaul services. Through its commercial maintenance operations and international partnerships, the company supports airlines, aircraft leasing companies and other aviation customers throughout the life cycle of their engines.