Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 147.6% in July

Deutsche Telekom AG (OTCMKTS:DTEGY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 497,145 shares, an increase of 147.6% from the June 30th total of 200,804 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,467,198 shares, the days-to-cover ratio is currently 0.3 days.

Deutsche Telekom Price Performance

OTCMKTS:DTEGY opened at $31.43 on Wednesday. Deutsche Telekom has a one year low of $26.90 and a one year high of $40.58. The company has a market cap of $154.17 billion, a P/E ratio of 15.04, a P/E/G ratio of 0.76 and a beta of 0.34. The firm’s fifty day moving average price is $31.16 and its two-hundred day moving average price is $33.81. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.18 and a quick ratio of 1.10.

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

Analyst Ratings Changes

A number of analysts have commented on DTEGY shares. Erste Group Bank lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a report on Tuesday, July 21st. Finally, Zacks Research raised shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.