Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant increase in short interest in November. As of November 15th, there was short interest totalling 45,800 shares, an increase of 638.7% from the October 31st total of 6,200 shares. Based on an average daily trading volume, of 233,300 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

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

Continental Aktiengesellschaft Trading Up 0.9 %

OTCMKTS:CTTAY opened at $6.50 on Thursday. The company has a market capitalization of $13.00 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 0.40 and a beta of 1.57. Continental Aktiengesellschaft has a 52-week low of $5.56 and a 52-week high of $8.51. The stock has a fifty day simple moving average of $6.30 and a 200-day simple moving average of $6.33. The company has a quick ratio of 0.77, a current ratio of 1.20 and a debt-to-equity ratio of 0.30.

Continental Aktiengesellschaft Company Profile

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.