Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Up 1,164.5% in March

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 39,200 shares, an increase of 1,164.5% from the March 15th total of 3,100 shares. Based on an average daily trading volume, of 97,300 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC increased its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 11,248.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,809 shares of the transportation company’s stock after buying an additional 6,749 shares during the period. GAMMA Investing LLC’s holdings in Deutsche Lufthansa were worth $50,000 at the end of the most recent reporting period.

Deutsche Lufthansa Stock Up 2.3 %

OTCMKTS:DLAKY traded up $0.16 during trading hours on Monday, hitting $6.80. 65,298 shares of the stock traded hands, compared to its average volume of 103,706. The firm has a 50 day moving average price of $7.31 and a 200 day moving average price of $6.88. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 8.19, a PEG ratio of 1.07 and a beta of 1.00. Deutsche Lufthansa has a fifty-two week low of $5.69 and a fifty-two week high of $8.78. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DLAKY shares. Sanford C. Bernstein upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Citigroup upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Finally, Barclays downgraded Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, March 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Lufthansa has a consensus rating of “Moderate Buy”.

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.