Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Declines By 50.6%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 78,919 shares, a decline of 50.6% from the February 26th total of 159,898 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 916,402 shares, the days-to-cover ratio is currently 0.1 days.

Deutsche Boerse Stock Up 0.1%

DBOEY stock traded up $0.04 during midday trading on Friday, reaching $27.40. 250,131 shares of the company’s stock traded hands, compared to its average volume of 446,553. The company has a market cap of $49.81 billion, a price-to-earnings ratio of 22.46, a P/E/G ratio of 3.69 and a beta of 0.51. The firm’s fifty day moving average price is $26.31 and its 200-day moving average price is $26.03. Deutsche Boerse has a 52 week low of $23.25 and a 52 week high of $33.52.

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly earnings data on Wednesday, February 11th. The financial services provider reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.01. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.58 billion. Deutsche Boerse had a net margin of 32.32% and a return on equity of 19.23%. Analysts forecast that Deutsche Boerse will post 1.12 earnings per share for the current year.

Wall Street Analyst Weigh In

DBOEY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Boerse in a report on Wednesday, January 21st. JPMorgan Chase & Co. upgraded shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Deutsche Boerse presently has an average rating of “Hold”.

About Deutsche Boerse

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.