Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Declines By 62.5%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 92,896 shares, a decline of 62.5% from the December 15th total of 247,987 shares. Based on an average trading volume of 604,300 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 604,300 shares, the short-interest ratio is currently 0.2 days.

Deutsche Boerse Trading Down 2.8%

OTCMKTS:DBOEY opened at $24.32 on Wednesday. The business’s 50-day moving average is $25.37 and its 200 day moving average is $27.43. Deutsche Boerse has a 12 month low of $23.33 and a 12 month high of $33.52. The company has a market capitalization of $45.79 billion, a P/E ratio of 20.27, a P/E/G ratio of 3.47 and a beta of 0.53.

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly earnings results on Monday, October 27th. The financial services provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.04. Deutsche Boerse had a return on equity of 19.20% and a net margin of 31.24%.The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.46 billion. On average, research analysts forecast that Deutsche Boerse will post 1.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Cfra Research raised Deutsche Boerse to a “hold” rating in a research note on Tuesday, October 28th. Kepler Capital Markets downgraded Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Finally, JPMorgan Chase & Co. upgraded shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research report on Friday, November 28th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Deutsche Boerse currently has a consensus 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.