Deutsche Lufthansa AG (OTCMKTS:DLAKY) Sees Large Increase in Short Interest

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 22,700 shares, an increase of 49.3% from the January 31st total of 15,200 shares. Based on an average trading volume of 142,700 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

DLAKY has been the subject of several research reports. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 12th. Citigroup raised Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a report on Tuesday, November 5th. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

Deutsche Lufthansa Stock Performance

DLAKY traded up $0.14 during trading on Tuesday, hitting $7.22. The company’s stock had a trading volume of 203,105 shares, compared to its average volume of 120,320. The business’s 50 day simple moving average is $6.50 and its 200-day simple moving average is $6.67. The firm has a market cap of $8.65 billion, a PE ratio of 8.70, a P/E/G ratio of 1.07 and a beta of 1.20. Deutsche Lufthansa has a one year low of $5.69 and a one year high of $8.16. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17.

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.