Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Update

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 7,130,000 shares, a growth of 19.2% from the December 15th total of 5,980,000 shares. Based on an average daily volume of 1,490,000 shares, the short-interest ratio is currently 4.8 days. Currently, 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Several institutional investors and hedge funds have recently added to or reduced their stakes in DB. Rhumbline Advisers increased its position in Deutsche Bank Aktiengesellschaft by 4.3% during the 2nd quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock worth $478,000 after purchasing an additional 1,230 shares during the period. Choreo LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth approximately $234,000. American Century Companies Inc. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 5.1% in the 2nd quarter. American Century Companies Inc. now owns 810,809 shares of the bank’s stock worth $12,924,000 after acquiring an additional 39,488 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 66.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,966 shares of the bank’s stock worth $3,538,000 after acquiring an additional 88,644 shares during the period. Finally, SYSTM Wealth Solutions LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB traded up $0.32 on Friday, hitting $19.09. 1,048,849 shares of the company’s stock were exchanged, compared to its average volume of 976,150. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78. The firm’s 50-day moving average price is $17.30 and its two-hundred day moving average price is $16.74. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $12.43 and a fifty-two week high of $19.14. The firm has a market cap of $38.02 billion, a price-to-earnings ratio of 9.79 and a beta of 1.20.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.