Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 88.7% in January

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 600 shares, a drop of 88.7% from the December 31st total of 5,300 shares. Based on an average daily volume of 151,400 shares, the short-interest ratio is presently 0.0 days.

Deutsche Lufthansa Trading Up 0.9 %

Shares of DLAKY stock traded up $0.06 during mid-day trading on Tuesday, hitting $6.65. The company’s stock had a trading volume of 85,505 shares, compared to its average volume of 181,136. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.77 and a current ratio of 0.82. The company’s fifty day simple moving average is $6.44 and its 200-day simple moving average is $6.58. The company has a market cap of $7.97 billion, a PE ratio of 8.01, a P/E/G ratio of 0.98 and a beta of 1.21. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.50.

Analysts Set New Price Targets

A number of research analysts have issued reports on DLAKY shares. Stifel Nicolaus upgraded Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Citigroup upgraded Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Deutsche Lufthansa presently has a consensus rating of “Moderate Buy”.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.