Deutsche Boerse AG (OTCMKTS:DBOEY) Sees Significant Growth in Short Interest

Deutsche Boerse AG (OTCMKTS:DBOEY) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 168,816 shares, an increase of 198.2% from the August 15th total of 56,618 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 729,327 shares, the days-to-cover ratio is presently 0.2 days.

Deutsche Boerse Stock Performance

OTCMKTS DBOEY opened at $32.46 on Tuesday. Deutsche Boerse has a twelve month low of $23.25 and a twelve month high of $33.91. The stock has a market cap of $58.52 billion, a price-to-earnings ratio of 23.87, a PEG ratio of 1.90 and a beta of 0.44. The firm’s 50 day moving average price is $31.18 and its two-hundred day moving average price is $29.64.

Deutsche Boerse (OTCMKTS:DBOEY) last released its earnings results 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 return on equity of 20.33% and a net margin of 33.04%.The company had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.82 billion. On average, research analysts forecast that Deutsche Boerse will post 1.45 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Deutsche Boerse currently has a consensus rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing houses, settlement systems and related technology businesses. The company serves institutional investors, banks, corporations and other market participants across the securities, derivatives, foreign exchange, commodities and energy markets.

Its principal businesses include Xetra and the Frankfurt Stock Exchange for cash-equity trading; Eurex for derivatives trading and clearing; and Clearstream for securities settlement, custody and collateral management.