Deutsche Boerse AG (OTCMKTS:DBOEY) Sees Significant Increase in Short Interest

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 31,295 shares, an increase of 133.9% from the September 30th total of 13,380 shares. Based on an average trading volume of 324,634 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Deutsche Boerse Stock Up 1.7%

OTCMKTS:DBOEY traded up $0.59 on Friday, reaching $35.73. The stock had a trading volume of 75,616 shares, compared to its average volume of 338,032. Deutsche Boerse has a 1-year low of $23.25 and a 1-year high of $35.84. The stock has a fifty day moving average price of $33.13 and a 200-day moving average price of $29.55. The company has a market capitalization of $63.67 billion, a P/E ratio of 25.16, a price-to-earnings-growth ratio of 2.15 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.03. Deutsche Boerse had a net margin of 34.07% and a return on equity of 21.00%. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.79 billion. Sell-side analysts predict that Deutsche Boerse will post 1.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Oddo Bhf downgraded shares of Deutsche Boerse from an “outperform” rating to a “neutral” rating in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.