Short Interest in Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Rises By 24.0%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 71,400 shares, a growth of 24.0% from the June 30th total of 57,600 shares. Based on an average trading volume of 205,400 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Several research firms have commented on BMWYY. Hsbc Global Res raised shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 9th. HSBC raised shares of Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Price Performance

Shares of Bayerische Motoren Werke Aktiengesellschaft stock traded down $0.08 on Friday, reaching $31.65. The company’s stock had a trading volume of 132,015 shares, compared to its average volume of 109,302. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $30.80 and a 52-week high of $41.65. The company has a market capitalization of $57.22 billion, a P/E ratio of 5.22 and a beta of 1.10. The company has a quick ratio of 0.83, a current ratio of 1.13 and a debt-to-equity ratio of 0.57. The stock has a 50-day moving average price of $32.44 and a 200-day moving average price of $35.65.

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $1.60 earnings per share (EPS) for the quarter. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 7.01% and a return on equity of 11.70%. The business had revenue of $39.75 billion for the quarter. Analysts expect that Bayerische Motoren Werke Aktiengesellschaft will post 5.95 EPS for the current year.

About Bayerische Motoren Werke Aktiengesellschaft

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.