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

Continental Aktiengesellschaft (OTCMKTS:CTTAY) was the recipient of a large growth in short interest in 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 81,900 shares, the short-interest ratio is currently 0.3 days.

Continental Aktiengesellschaft Stock Performance

OTCMKTS CTTAY traded down $0.15 on Friday, hitting $7.18. The stock had a trading volume of 2,021,202 shares, compared to its average volume of 358,303. The company’s 50-day moving average is $7.19 and its two-hundred day moving average is $6.69. The stock has a market cap of $14.36 billion, a price-to-earnings ratio of 13.30, a P/E/G ratio of 0.35 and a beta of 1.64. 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 has a one year low of $5.56 and a one year high of $7.81.

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.