Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVKY) Grows By 4,100.0%

OMV Aktiengesellschaft (OTCMKTS:OMVKY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 4,200 shares, an increase of 4,100.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 23,200 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded shares of OMV Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 18th.

OMV Aktiengesellschaft Stock Performance

Shares of OMVKY stock traded up $0.18 during trading on Thursday, reaching $12.88. 11,285 shares of the company’s stock were exchanged, compared to its average volume of 19,216. The firm’s fifty day moving average price is $10.95 and its 200-day moving average price is $10.46. OMV Aktiengesellschaft has a twelve month low of $9.42 and a twelve month high of $13.17. The stock has a market capitalization of $16.86 billion, a PE ratio of 5.17, a PEG ratio of 0.80 and a beta of 0.67. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $0.41 by $1.40. OMV Aktiengesellschaft had a net margin of 4.02% and a return on equity of 8.35%. As a group, sell-side analysts anticipate that OMV Aktiengesellschaft will post 1.64 EPS for the current year.

About OMV Aktiengesellschaft

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.