Deutsche Bank AG (NYSE:DB) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 45,965,288 shares, a growth of 13.1% from the October 13th total of 40,649,134 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average trading volume of 4,103,935 shares, the days-to-cover ratio is presently 11.2 days.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of Deutsche Bank AG by 83.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,132 shares of the bank’s stock valued at $109,000 after buying an additional 2,793 shares during the period. San Francisco Sentry Investment Group CA acquired a new position in shares of Deutsche Bank AG in the 2nd quarter valued at about $130,000. Sei Investments Co. lifted its holdings in shares of Deutsche Bank AG by 49.9% in the 2nd quarter. Sei Investments Co. now owns 8,278 shares of the bank’s stock valued at $147,000 after buying an additional 2,757 shares during the period. First Republic Investment Management Inc. acquired a new position in shares of Deutsche Bank AG in the 3rd quarter valued at about $180,000. Finally, Private Advisor Group LLC acquired a new position in shares of Deutsche Bank AG in the 3rd quarter valued at about $195,000. 22.21% of the stock is owned by institutional investors.

Shares of Deutsche Bank AG (NYSE:DB) opened at $19.04 on Friday. Deutsche Bank AG has a 52-week low of $15.09 and a 52-week high of $20.94. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market capitalization of $38,193.96, a PE ratio of 12.40 and a beta of 1.37.

DB has been the topic of several research analyst reports. Zacks Investment Research upgraded Deutsche Bank AG from a “strong sell” rating to a “hold” rating in a research note on Monday, November 6th. Keefe, Bruyette & Woods downgraded Deutsche Bank AG from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 31st. Macquarie downgraded Deutsche Bank AG from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 15th. upgraded Deutsche Bank AG from a “hold” rating to a “buy” rating and boosted their target price for the stock from $17.93 to $18.20 in a research note on Tuesday. Finally, ValuEngine downgraded Deutsche Bank AG from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Four analysts have rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. Deutsche Bank AG has an average rating of “Hold” and a consensus target price of $19.26.

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Deutsche Bank AG Company Profile

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