Deutsche Börse AG (OTCMKTS:DBOEY) Short Interest Up 129.9% in December

by · The Cerbat Gem

Deutsche Börse AG (OTCMKTS:DBOEYGet Free Report) was the recipient of a significant 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 trading volume of 135,700 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on DBOEY

Deutsche Börse Price Performance

Shares of OTCMKTS DBOEY traded up $0.46 during mid-day trading on Tuesday, hitting $23.50. 76,603 shares of the stock traded hands, compared to its average volume of 99,837. The firm has a 50 day simple moving average of $22.97 and a two-hundred day simple moving average of $22.31. Deutsche Börse has a twelve month low of $19.11 and a twelve month high of $23.77. The company has a market cap of $44.25 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 3.06 and a beta of 0.86.

Deutsche Börse (OTCMKTS:DBOEYGet Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.29%. The company had revenue of $1.88 billion for the quarter. On average, equities research analysts anticipate that Deutsche Börse will post 1.18 earnings per share for the current fiscal year.

About Deutsche Börse

(Get Free Report)

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.

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