RWE Aktiengesellschaft (OTCMKTS:RWEOY) Short Interest Update

RWE Aktiengesellschaft (OTCMKTS:RWEOY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 11,800 shares, a drop of 72.5% from the February 29th total of 42,900 shares. Based on an average daily trading volume, of 136,400 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus downgraded RWE Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th.

RWE Aktiengesellschaft Trading Down 0.4 %

RWEOY traded down $0.14 during trading on Thursday, reaching $33.99. The company had a trading volume of 51,483 shares, compared to its average volume of 92,544. The stock has a market cap of $22.98 billion, a P/E ratio of 15.88 and a beta of 0.84. The business has a 50 day simple moving average of $35.21 and a 200-day simple moving average of $38.68. RWE Aktiengesellschaft has a 52 week low of $32.80 and a 52 week high of $47.11. The company has a quick ratio of 1.37, a current ratio of 1.44 and a debt-to-equity ratio of 0.36.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.