Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Grows By 7,851.9%

Deutsche Boerse AG (OTCMKTS:DBOEY) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 147,747 shares, an increase of 7,851.9% from the June 30th total of 1,858 shares. Based on an average trading volume of 1,992,035 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Deutsche Boerse Stock Up 2.0%

OTCMKTS DBOEY opened at $29.30 on Friday. The stock has a market cap of $52.78 billion, a PE ratio of 21.55, a P/E/G ratio of 1.73 and a beta of 0.44. Deutsche Boerse has a fifty-two week low of $23.25 and a fifty-two week high of $31.44. The business has a 50 day moving average price of $28.66 and a two-hundred day moving average price of $27.87.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.09%. The company had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.82 billion. Sell-side analysts anticipate that Deutsche Boerse will post 1.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Oddo Bhf upgraded Deutsche Boerse to an “outperform” rating in a report 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 analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Deutsche Boerse Company Profile

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.