Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Large Increase in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 152,686 shares, an increase of 80.3% from the April 30th total of 84,692 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,216,583 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Wall Street Zen lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. Erste Group Bank raised shares of Deutsche Telekom from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Citigroup restated a “buy” rating on shares of Deutsche Telekom in a report on Monday, April 20th. Finally, Zacks Research upgraded shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Deutsche Telekom Stock Down 0.0%

Shares of OTCMKTS:DTEGY opened at $33.57 on Tuesday. The company has a market capitalization of $164.67 billion, a P/E ratio of 16.06, a P/E/G ratio of 0.84 and a beta of 0.31. The stock’s fifty day simple moving average is $34.29 and its 200-day simple moving average is $34.21. Deutsche Telekom has a 52-week low of $30.31 and a 52-week high of $40.58. The company has a quick ratio of 1.04, a current ratio of 1.12 and a debt-to-equity ratio of 1.07.

Deutsche Telekom (OTCMKTS:DTEGY) last issued its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.45). The firm had revenue of $34.97 billion for the quarter, compared to analysts’ expectations of $33.14 billion. Deutsche Telekom had a return on equity of 10.94% and a net margin of 7.38%.Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, equities research analysts forecast that Deutsche Telekom will post 2.58 earnings per share for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.