Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Update

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 617,318 shares, an increase of 158.0% from the May 31st total of 239,314 shares. Based on an average trading volume of 1,148,524 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

Deutsche Telekom Stock Performance

Shares of OTCMKTS:DTEGY opened at $29.97 on Monday. The firm has a market cap of $147.01 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 0.76 and a beta of 0.31. The company’s fifty day simple moving average is $32.49 and its 200 day simple moving average is $34.18. Deutsche Telekom has a 12 month low of $29.44 and a 12 month high of $40.58. The company has a quick ratio of 1.10, a current ratio of 1.18 and a debt-to-equity ratio of 1.11.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.45). Deutsche Telekom had a return on equity of 10.86% and a net margin of 7.38%.The firm had revenue of $34.97 billion for the quarter, compared to analyst estimates of $33.14 billion. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, research analysts forecast that Deutsche Telekom will post 2.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on DTEGY shares. Erste Group Bank cut Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Wall Street Zen cut shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, March 12th. Zacks Research upgraded Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Citigroup reissued a “buy” rating on shares of Deutsche Telekom in a research note on Monday, April 20th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.

About Deutsche Telekom

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.