Short Interest in Continental Aktiengesellschaft (OTCMKTS:CTTAY) Increases By 160.9%

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 24,000 shares, a growth of 160.9% from the February 28th total of 9,200 shares. Based on an average trading volume of 81,900 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Continental Aktiengesellschaft Price Performance

Shares of OTCMKTS CTTAY traded down $0.15 during trading hours on Friday, reaching $7.18. 2,021,202 shares of the stock traded hands, compared to its average volume of 358,303. Continental Aktiengesellschaft has a 52-week low of $5.56 and a 52-week high of $7.81. The company has a market capitalization of $14.36 billion, a P/E ratio of 13.30, a price-to-earnings-growth ratio of 0.35 and a beta of 1.64. The company’s 50-day simple moving average is $7.19 and its two-hundred day simple moving average is $6.69. The company has a quick ratio of 0.81, a current ratio of 1.25 and a debt-to-equity ratio of 0.32.

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.