Continental Aktiengesellschaft (OTCMKTS:CTTAY) Sees Significant Increase in Short Interest

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the target of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 27,100 shares, a growth of 133.6% from the January 31st total of 11,600 shares. Based on an average daily volume of 1,204,400 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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

Continental Aktiengesellschaft Trading Down 0.1 %

OTCMKTS:CTTAY opened at $7.11 on Friday. Continental Aktiengesellschaft has a twelve month low of $5.56 and a twelve month high of $8.03. The company has a quick ratio of 0.81, a current ratio of 1.25 and a debt-to-equity ratio of 0.32. The business has a 50 day moving average price of $6.89 and a two-hundred day moving average price of $6.59. The company has a market cap of $14.22 billion, a P/E ratio of 13.17, a price-to-earnings-growth ratio of 0.35 and a beta of 1.56.

About Continental Aktiengesellschaft

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.