Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Declines By 72.4%

Deutsche Boerse AG (OTCMKTS:DBOEY) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 56,618 shares, a decrease of 72.4% from the July 30th total of 205,267 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 187,251 shares, the short-interest ratio is currently 0.3 days.

Deutsche Boerse Stock Performance

DBOEY opened at $33.38 on Thursday. The firm has a market cap of $60.18 billion, a P/E ratio of 24.54, a PEG ratio of 2.03 and a beta of 0.43. The firm has a 50-day moving average of $29.90 and a 200 day moving average of $28.97. Deutsche Boerse has a fifty-two week low of $23.25 and a fifty-two week high of $33.74.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The business had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.82 billion. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%. Equities research analysts predict that Deutsche Boerse will post 1.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Deutsche Boerse presently has an average rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany?based provider of marketplace infrastructure, trading technology and post?trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post?trade and custody services provided by Clearstream.