Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Increases By 234.3%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 41,925 shares, an increase of 234.3% from the May 14th total of 12,543 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 298,215 shares, the short-interest ratio is currently 0.1 days.

Deutsche Boerse Stock Up 0.9%

Shares of DBOEY traded up $0.27 during midday trading on Friday, reaching $28.79. 140,289 shares of the stock were exchanged, compared to its average volume of 163,967. Deutsche Boerse has a 12-month low of $23.25 and a 12-month high of $32.78. The firm has a 50 day simple moving average of $29.56 and a 200-day simple moving average of $27.33. The company has a market cap of $51.85 billion, a price-to-earnings ratio of 22.15, a P/E/G ratio of 1.86 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%.The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.90 billion. Research analysts expect that Deutsche Boerse will post 1.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DBOEY shares. Oddo Bhf raised Deutsche Boerse to an “outperform” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About Deutsche Boerse

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.