Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 63.9% in February

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 8,200 shares, a drop of 63.9% from the February 13th total of 22,700 shares. Based on an average trading volume of 117,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. Barclays downgraded shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday. Finally, Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Deutsche Lufthansa Stock Up 2.3 %

DLAKY traded up $0.18 during trading hours on Friday, reaching $8.18. 68,437 shares of the stock traded hands, compared to its average volume of 121,119. The firm’s fifty day simple moving average is $6.79 and its two-hundred day simple moving average is $6.78. The company has a market cap of $9.80 billion, a price-to-earnings ratio of 9.86, a PEG ratio of 1.07 and a beta of 1.16. Deutsche Lufthansa has a fifty-two week low of $5.69 and a fifty-two week high of $8.78. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77.

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.