Short Interest in Deutsche Telekom AG (OTCMKTS:DTEGY) Rises By 54.2%

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 100,200 shares, an increase of 54.2% from the November 15th total of 65,000 shares. Based on an average daily trading volume, of 526,200 shares, the days-to-cover ratio is presently 0.2 days.

Deutsche Telekom Price Performance

Shares of DTEGY stock remained flat at $31.23 on Friday. The stock had a trading volume of 190,204 shares, compared to its average volume of 305,702. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04. Deutsche Telekom has a 12 month low of $22.03 and a 12 month high of $32.47. The company has a market capitalization of $155.70 billion, a PE ratio of 17.99, a PEG ratio of 1.33 and a beta of 0.72. The firm’s 50 day moving average price is $30.58 and its 200 day moving average price is $28.04.

Wall Street Analysts Forecast Growth

DTEGY has been the topic of several recent research reports. Barclays raised Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th. Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, September 19th. Citigroup upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, UBS Group lowered shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 10th.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.