Deutsche Börse AG (OTCMKTS:DBOEY) Sees Large Drop in Short Interest

Deutsche Börse AG (OTCMKTS:DBOEY) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 18,400 shares, a drop of 47.6% from the November 15th total of 35,100 shares. Based on an average trading volume of 149,300 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Citigroup raised shares of Deutsche Börse to a “hold” rating in a report on Friday, October 4th.

Deutsche Börse Stock Down 0.6 %

DBOEY traded down $0.14 during trading on Friday, reaching $23.22. The company’s stock had a trading volume of 40,347 shares, compared to its average volume of 120,461. The firm has a fifty day simple moving average of $23.03 and a two-hundred day simple moving average of $21.81. The company has a market cap of $43.71 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 3.06 and a beta of 0.86. Deutsche Börse has a 1 year low of $19.11 and a 1 year high of $23.77.

Deutsche Börse (OTCMKTS:DBOEY) last posted its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. Deutsche Börse had a return on equity of 19.29% and a net margin of 26.71%. The business had revenue of $1.88 billion for the quarter. As a group, equities analysts forecast that Deutsche Börse will post 1.18 EPS for the current fiscal year.

About Deutsche Börse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.