Continental Aktiengesellschaft (OTCMKTS:CTTAY) Short Interest Update

Continental Aktiengesellschaft (OTCMKTS:CTTAY) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 81,800 shares, a decrease of 12.2% from the December 15th total of 93,200 shares. Based on an average daily volume of 226,600 shares, the days-to-cover ratio is currently 0.4 days.

Continental Aktiengesellschaft Price Performance

Shares of CTTAY stock traded up $0.09 on Friday, hitting $6.86. 56,582 shares of the company’s stock were exchanged, compared to its average volume of 343,406. Continental Aktiengesellschaft has a 12 month low of $5.56 and a 12 month high of $8.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 0.81. The company has a 50 day moving average of $6.63 and a 200 day moving average of $6.42. The stock has a market cap of $13.72 billion, a P/E ratio of 12.11, a price-to-earnings-growth ratio of 0.25 and a beta of 1.56.

Analysts Set New Price Targets

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

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.