Deutsche Telekom AG (OTCMKTS:DTEGY) Shares Shorted: Short Interest Down 66.6% in October

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 186,987 shares, a decrease of 66.6% from the September 30th total of 559,104 shares. Based on an average trading volume of 1,714,287 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Deutsche Telekom Trading Up 1.9%

OTCMKTS DTEGY traded up $0.53 during trading hours on Friday, hitting $29.00. 623,606 shares of the company’s stock were exchanged, compared to its average volume of 1,085,688. The business’s 50 day moving average is $30.81 and its 200-day moving average is $32.98. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.96 and a current ratio of 1.03. Deutsche Telekom has a 12-month low of $26.90 and a 12-month high of $40.58. The firm has a market capitalization of $138.70 billion, a P/E ratio of 14.01, a price-to-earnings-growth ratio of 0.63 and a beta of 0.33.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.20%. The company had revenue of $34.53 billion during the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. As a group, analysts anticipate that Deutsche Telekom will post 2.56 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on DTEGY. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Zacks Research downgraded shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Kepler Capital Markets lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Finally, Sanford C. Bernstein downgraded shares of Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 24th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

About Deutsche Telekom

Deutsche Telekom AG is a telecommunications and information technology company headquartered in Bonn, Germany. The company provides mobile and fixed-line communications, broadband internet, digital television, and related services to consumers and businesses. It also offers information technology, cloud, cybersecurity, and connectivity solutions for corporate and public-sector customers.

Deutsche Telekom operates under the Telekom brand in Germany and in several European markets, including Austria, the Czech Republic, Hungary, Poland, and Slovakia.