Short Squeeze Indicator Low for Thyssenkrupp

| About: ThyssenKrupp AG (TYEKF)

The short base in Thyssenkrupp (OTCPK:TYEKF) stands at 7%, and has been high for some time, one of the highest in the European Steel Sector. Results on Friday were better than expected, and the share price responded positively. The low level of Utilization means that the risk of short covering is low and this is reflected in the Squeeze indicator which is at the lower end of its range.

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