Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 88.7% in January

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 600 shares, a drop of 88.7% from the December 31st total of 5,300 shares. Based on an average trading volume of 151,400 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

DLAKY has been the subject of a number of analyst reports. Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 1st. Citigroup raised Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Finally, Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Deutsche Lufthansa presently has an average rating of “Moderate Buy”.

Deutsche Lufthansa Stock Performance

Shares of DLAKY stock traded up $0.06 on Tuesday, reaching $6.65. The stock had a trading volume of 85,505 shares, compared to its average volume of 181,136. The firm’s 50-day moving average is $6.44 and its two-hundred day moving average is $6.58. Deutsche Lufthansa has a 12 month low of $5.69 and a 12 month high of $8.50. The firm has a market capitalization of $7.97 billion, a price-to-earnings ratio of 8.01, a P/E/G ratio of 0.98 and a beta of 1.21. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.