BAYERISCHE MOTERENWE (OTCMKTS:BAMXF) Could Burn Your Long Portfolio After More Shorts

February 7, 2018 - By Vivian Park

The stock of BAYERISCHE MOTERENWE (OTCMKTS:BAMXF) registered an increase of 14.17% in short interest. BAMXF’s total short interest was 4.64M shares in February as published by FINRA. Its up 14.17% from 4.06M shares, reported previously. With 3,600 shares average volume, it will take short sellers 1289 days to cover their BAMXF’s short positions.

The stock increased 1.46% or $1.6 during the last trading session, reaching $110.86. About shares traded. Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) has 0.00% since February 7, 2017 and is . It has underperformed by 16.70% the S&P500.

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, makes, and sells cars and motorcycles, and spare parts and accessories worldwide. The company has market cap of $67.88 billion. The firm operates through Automotive, Motorcycles, and Financial Services divisions. It has a 7.71 P/E ratio. The Automotive segment develops, makes, assembles, and sells cars and off-road vehicles under the BMW, MINI, and Rolls-Royce brand names; and spare parts and accessories, as well as provides mobility services.

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