Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Short Interest Up 10.5% in January

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 4,710,500 shares, a growth of 10.5% from the January 15th total of 4,262,300 shares. Based on an average trading volume of 5,400 shares, the days-to-cover ratio is presently 872.3 days.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd.

Bayerische Motoren Werke Aktiengesellschaft Stock Up 6.1 %

Shares of Bayerische Motoren Werke Aktiengesellschaft stock opened at $86.33 on Friday. The firm has a market cap of $50.05 billion, a price-to-earnings ratio of 6.15 and a beta of 0.94. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.10 and a quick ratio of 0.78. Bayerische Motoren Werke Aktiengesellschaft has a 52-week low of $68.86 and a 52-week high of $123.75. The stock has a 50-day simple moving average of $80.44 and a 200-day simple moving average of $82.05.

Bayerische Motoren Werke Aktiengesellschaft Company Profile

Bayerische Motoren Werke Aktiengesellschaft 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.