Deutsche Boerse AG (OTCMKTS:DBOEY) Shares Shorted: Short Interest Down 87.5% in September

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 21,063 shares, a decline of 87.5% from the August 31st total of 168,816 shares. Based on an average trading volume of 219,140 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Deutsche Boerse Stock Up 1.1%

Shares of DBOEY traded up $0.35 on Friday, hitting $32.52. The company’s stock had a trading volume of 118,311 shares, compared to its average volume of 357,531. The firm’s fifty day moving average price is $31.63 and its 200-day moving average price is $29.90. Deutsche Boerse has a fifty-two week low of $23.25 and a fifty-two week high of $33.91. The firm has a market capitalization of $58.64 billion, a price-to-earnings ratio of 23.92, a P/E/G ratio of 1.92 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.04. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.82 billion. As a group, equities analysts predict that Deutsche Boerse will post 1.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a research 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing houses, settlement systems and related technology businesses. The company serves institutional investors, banks, corporations and other market participants across the securities, derivatives, foreign exchange, commodities and energy markets.

Its principal businesses include Xetra and the Frankfurt Stock Exchange for cash-equity trading; Eurex for derivatives trading and clearing; and Clearstream for securities settlement, custody and collateral management.