Deutsche Boerse AG (OTCMKTS:DBOEY) Stock Short Interest Falls 87.5%

Deutsche Boerse AG (OTCMKTS:DBOEY) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 21,063 shares, a decrease of 87.5% from the August 31st total of 168,816 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 219,140 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reiterated 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Deutsche Boerse Trading Up 1.1%

Shares of DBOEY traded up $0.35 during trading hours on Friday, reaching $32.52. 118,311 shares of the stock traded hands, compared to its average volume of 357,531. The stock has a fifty day simple moving average of $31.63 and a 200 day simple moving average of $29.90. Deutsche Boerse has a 52 week low of $23.25 and a 52 week high of $33.91. The company has a market cap of $58.64 billion, a price-to-earnings ratio of 23.92, a PEG ratio of 1.92 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%. The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.82 billion. Analysts predict that Deutsche Boerse will post 1.44 earnings per share for the current fiscal year.

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.