Short Interest in Deutsche Lufthansa AG (OTCMKTS:DLAKY) Expands By 217.8%

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 14,300 shares, an increase of 217.8% from the February 29th total of 4,500 shares. Based on an average daily volume of 132,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Deutsche Lufthansa

A hedge fund recently bought a new stake in Deutsche Lufthansa stock. OLD Mission Capital LLC acquired a new position in Deutsche Lufthansa AG (OTCMKTS:DLAKY) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 43,040 shares of the transportation company’s stock, valued at approximately $480,000.

Analysts Set New Price Targets

Several research firms have recently weighed in on DLAKY. JPMorgan Chase & Co. downgraded shares of Deutsche Lufthansa from an “overweight” rating to an “underweight” rating in a research note on Thursday, December 7th. Barclays reaffirmed an “equal weight” rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Deutsche Lufthansa in a research note on Wednesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Deutsche Lufthansa Price Performance

OTCMKTS DLAKY remained flat at $7.82 on Thursday. 33,722 shares of the company’s stock traded hands, compared to its average volume of 56,361. The business has a 50-day moving average of $7.88 and a two-hundred day moving average of $8.13. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.85. Deutsche Lufthansa has a fifty-two week low of $6.93 and a fifty-two week high of $11.37. The company has a market capitalization of $9.36 billion, a PE ratio of 4.63, a price-to-earnings-growth ratio of 0.84 and a beta of 1.25.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Thursday, March 7th. The transportation company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Deutsche Lufthansa had a net margin of 4.76% and a return on equity of 22.19%. The business had revenue of $9.43 billion during the quarter. As a group, sell-side analysts anticipate that Deutsche Lufthansa will post 1.57 EPS for the current year.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.