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

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 13,380 shares, a drop of 36.5% from the September 15th total of 21,063 shares. Based on an average daily trading volume, of 254,366 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research note 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 assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.

Deutsche Boerse Price Performance

Shares of OTCMKTS:DBOEY opened at $34.19 on Friday. The company has a market capitalization of $61.64 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 2.08 and a beta of 0.43. The business has a fifty day moving average price of $32.53 and a two-hundred day moving average price of $30.42. Deutsche Boerse has a 1 year low of $23.25 and a 1 year high of $34.63.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The firm had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.82 billion. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. Sell-side analysts anticipate that Deutsche Boerse will post 1.42 earnings per share for the current year.

About Deutsche Boerse

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates organized markets and related services for securities, derivatives, commodities and other financial instruments. Through its trading platforms, the company supports the issuance, trading and management of financial products for institutional investors, banks, companies and other market participants.

Its businesses include cash and derivatives trading, clearing, settlement and custody, as well as collateral management, securities financing, market data, analytics and index services.