Short Interest in Deutsche Börse AG (OTCMKTS:DBOEY) Grows By 129.9%

Deutsche Börse AG (OTCMKTS:DBOEY) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 68,500 shares, an increase of 129.9% from the December 15th total of 29,800 shares. Based on an average daily volume of 135,700 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of Deutsche Börse to a “hold” rating in a research report on Friday, October 4th.

Deutsche Börse Trading Up 0.2 %

DBOEY traded up $0.05 during midday trading on Thursday, reaching $23.55. The company’s stock had a trading volume of 71,547 shares, compared to its average volume of 66,293. Deutsche Börse has a 1 year low of $19.11 and a 1 year high of $23.86. The stock’s 50-day moving average is $22.97 and its 200-day moving average is $22.33. The firm has a market capitalization of $44.34 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 2.97 and a beta of 0.86.

Deutsche Börse (OTCMKTS:DBOEY) last announced its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.29 earnings per share for the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.29%. The company had revenue of $1.88 billion during the quarter. As a group, equities research analysts forecast that Deutsche Börse will post 1.08 earnings per share for the current fiscal year.

About Deutsche Börse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.