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

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 31,295 shares, an increase of 133.9% from the September 30th total of 13,380 shares. Based on an average trading volume of 324,634 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Deutsche Boerse Stock Performance

OTCMKTS DBOEY opened at $35.72 on Friday. The firm’s fifty day moving average price is $33.19 and its two-hundred day moving average price is $29.61. The stock has a market cap of $63.65 billion, a PE ratio of 25.15, a PEG ratio of 2.20 and a beta of 0.43. Deutsche Boerse has a fifty-two week low of $23.25 and a fifty-two week high of $35.84.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.03. Deutsche Boerse had a return on equity of 21.00% and a net margin of 34.07%. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.79 billion. As a group, sell-side analysts predict that Deutsche Boerse will post 1.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DBOEY. Oddo Bhf downgraded Deutsche Boerse from an “outperform” rating to a “neutral” rating in a research note on Monday, October 26th. Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research note on Monday, August 17th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.