Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 163,100 shares, a growth of 167.8% from the December 31st total of 60,900 shares. Based on an average trading volume of 324,800 shares, the short-interest ratio is presently 0.5 days.
Wall Street Analysts Forecast Growth
DTEGY has been the topic of several research reports. Barclays raised shares of Deutsche Telekom to a “strong-buy” rating in a research report on Monday, November 18th. UBS Group upgraded Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Citigroup raised Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, October 17th.
Check Out Our Latest Research Report on DTEGY
Deutsche Telekom Stock Up 0.9 %
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.
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