Deutsche Telekom AG (OTCMKTS:DTEGY) Stock Short Interest Drops 66.6%

Deutsche Telekom AG (OTCMKTS:DTEGY) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 186,987 shares, a decrease of 66.6% from the September 30th total of 559,104 shares. Based on an average trading volume of 1,714,287 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on DTEGY shares. Kepler Capital Markets downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Citigroup restated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. Sanford C. Bernstein cut Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 24th. Finally, Zacks Research lowered Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Deutsche Telekom has a consensus rating of “Hold”.

Deutsche Telekom Trading Up 2.1%

DTEGY traded up $0.61 during trading on Friday, hitting $29.08. 376,474 shares of the stock traded hands, compared to its average volume of 626,828. The firm has a market capitalization of $139.08 billion, a P/E ratio of 14.05, a price-to-earnings-growth ratio of 0.62 and a beta of 0.33. Deutsche Telekom has a 12-month low of $26.90 and a 12-month high of $40.58. The firm has a 50-day moving average of $30.90 and a 200 day moving average of $33.00. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.03 and a quick ratio of 0.96.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.20% and a net margin of 7.18%. The business had revenue of $34.53 billion during the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Equities research analysts anticipate that Deutsche Telekom will post 2.56 EPS for the current year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a telecommunications and information technology company headquartered in Bonn, Germany. The company provides mobile and fixed-line communications, broadband internet, digital television, and related services to consumers and businesses. It also offers information technology, cloud, cybersecurity, and connectivity solutions for corporate and public-sector customers.

Deutsche Telekom operates under the Telekom brand in Germany and in several European markets, including Austria, the Czech Republic, Hungary, Poland, and Slovakia.