Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Decreases By 68.0%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 12,543 shares, a drop of 68.0% from the April 30th total of 39,253 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 408,264 shares, the days-to-cover ratio is currently 0.0 days.

Deutsche Boerse Stock Down 0.2%

Shares of OTCMKTS DBOEY traded down $0.07 during trading hours on Friday, reaching $28.81. 155,448 shares of the stock traded hands, compared to its average volume of 176,481. The company has a market capitalization of $51.89 billion, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 1.88 and a beta of 0.46. Deutsche Boerse has a 52-week low of $23.25 and a 52-week high of $32.78. The company’s 50-day simple moving average is $29.51 and its two-hundred day simple moving average is $27.04.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%. As a group, sell-side analysts forecast that Deutsche Boerse will post 1.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DBOEY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a report on Friday, May 1st. Oddo Bhf raised Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average 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.