Short Interest in Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) Drops By 38.3%

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 40,900 shares, a drop of 38.3% from the February 29th total of 66,300 shares. Based on an average trading volume of 121,200 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group restated a “hold” rating on shares of Bayerische Motoren Werke Aktiengesellschaft in a research note on Wednesday. Redburn Atlantic assumed coverage on Bayerische Motoren Werke Aktiengesellschaft in a report on Wednesday, January 24th. They issued a “buy” rating for the company. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Bayerische Motoren Werke Aktiengesellschaft Trading Up 0.1 %

Shares of BMWYY stock traded up $0.03 on Friday, reaching $38.53. The company had a trading volume of 46,218 shares, compared to its average volume of 74,407. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.56. The company has a 50-day moving average of $37.26 and a 200-day moving average of $35.60. Bayerische Motoren Werke Aktiengesellschaft has a 12 month low of $30.80 and a 12 month high of $41.20. The stock has a market cap of $69.65 billion, a PE ratio of 6.06 and a beta of 1.20.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

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.