Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Decreases By 68.0%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 12,543 shares, a drop of 68.0% from the April 30th total of 39,253 shares. Based on an average daily volume of 408,264 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Deutsche Boerse Trading Down 0.2%

Shares of DBOEY traded down $0.07 during trading hours on Friday, reaching $28.81. 155,448 shares of the company’s stock traded hands, compared to its average volume of 176,481. The stock has a market cap of $51.89 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 1.88 and a beta of 0.46. The firm’s 50 day simple moving average is $29.51 and its 200-day simple moving average is $27.04. Deutsche Boerse has a 12 month low of $23.25 and a 12 month high of $32.78.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.90 billion. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%. As a group, analysts expect that Deutsche Boerse will post 1.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DBOEY has been the subject of several analyst reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research note on Friday, May 1st. Oddo Bhf upgraded Deutsche Boerse to an “outperform” rating in a research note on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

About Deutsche Boerse

Deutsche Börse AG is a Germany?based provider of marketplace infrastructure, trading technology and post?trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post?trade and custody services provided by Clearstream.