Short Interest in Deutsche Börse AG (OTCMKTS:DBOEY) Expands By 129.9%

Deutsche Börse AG (OTCMKTS:DBOEY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 68,500 shares, an increase of 129.9% from the December 15th total of 29,800 shares. Based on an average daily volume of 135,700 shares, the short-interest ratio is presently 0.5 days.

Deutsche Börse Price Performance

OTCMKTS DBOEY traded up $0.46 during trading on Tuesday, reaching $23.50. 76,603 shares of the company’s stock were exchanged, compared to its average volume of 99,837. The business has a 50 day moving average price of $22.97 and a 200-day moving average price of $22.31. The stock has a market capitalization of $44.25 billion, a P/E ratio of 21.56, a PEG ratio of 3.06 and a beta of 0.86. Deutsche Börse has a fifty-two week low of $19.11 and a fifty-two week high of $23.77.

Deutsche Börse (OTCMKTS:DBOEY) last issued its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. The firm had revenue of $1.88 billion during the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.29%. On average, analysts forecast that Deutsche Börse will post 1.18 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Deutsche Börse to a “hold” rating in a research note on Friday, October 4th.

About Deutsche Börse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.