Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Increase in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 731,644 shares, an increase of 221.6% from the July 30th total of 227,485 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 762,119 shares, the short-interest ratio is presently 1.0 days.

Deutsche Telekom Price Performance

DTEGY opened at $33.75 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 1.11. Deutsche Telekom has a 1 year low of $26.90 and a 1 year high of $40.58. The stock has a fifty day moving average price of $31.10 and a 200 day moving average price of $33.81. The stock has a market cap of $165.55 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 0.76 and a beta of 0.33.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. The company had revenue of $34.53 billion during the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Analysts forecast that Deutsche Telekom will post 2.63 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Erste Group Bank downgraded Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a report on Tuesday, July 21st. Finally, Citigroup restated a “buy” rating on shares of Deutsche Telekom in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Deutsche Telekom Company Profile

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.