Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Growth in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 617,318 shares, an increase of 158.0% from the May 31st total of 239,314 shares. Based on an average daily volume of 1,148,524 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

DTEGY has been the subject of several research reports. Wall Street Zen lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Thursday, March 12th. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, April 20th. Zacks Research raised shares of Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Erste Group Bank lowered shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Deutsche Telekom presently has an average rating of “Hold”.

Deutsche Telekom Trading Down 5.4%

Shares of DTEGY opened at $28.35 on Tuesday. Deutsche Telekom has a fifty-two week low of $27.70 and a fifty-two week high of $40.58. The business has a 50-day moving average of $32.37 and a 200 day moving average of $34.16. The firm has a market cap of $139.06 billion, a P/E ratio of 13.56, a price-to-earnings-growth ratio of 0.76 and a beta of 0.31. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.10 and a current ratio of 1.18.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.62 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.45). The business had revenue of $34.97 billion for the quarter, compared to analysts’ expectations of $33.14 billion. Deutsche Telekom had a net margin of 7.38% and a return on equity of 10.86%. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. As a group, research analysts forecast that Deutsche Telekom will post 2.56 EPS for the current 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.