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

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,858 shares, a decline of 74.4% from the June 15th total of 7,247 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 870,361 shares, the days-to-cover ratio is currently 0.0 days.

Deutsche Boerse Trading Up 2.5%

Shares of OTCMKTS DBOEY opened at $29.09 on Tuesday. Deutsche Boerse has a 12-month low of $23.25 and a 12-month high of $31.44. The company has a market cap of $52.39 billion, a price-to-earnings ratio of 22.38, a price-to-earnings-growth ratio of 1.85 and a beta of 0.44. The stock’s 50 day simple moving average is $28.62 and its 200 day simple moving average is $27.70.

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

Analyst Ratings Changes

Several research firms have weighed in on DBOEY. Oddo Bhf upgraded shares of Deutsche Boerse to an “outperform” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research report on Friday, May 1st. Three 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 MarketBeat, Deutsche Boerse presently has a consensus rating of “Hold”.

Deutsche Boerse Company Profile

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.