Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Expands By 198.2%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 168,816 shares, an increase of 198.2% from the August 15th total of 56,618 shares. Based on an average daily volume of 729,327 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Deutsche Boerse Price Performance

OTCMKTS:DBOEY opened at $31.95 on Monday. The business’s 50-day simple moving average is $31.12 and its two-hundred day simple moving average is $29.59. Deutsche Boerse has a 52 week low of $23.25 and a 52 week high of $33.91. The stock has a market cap of $57.60 billion, a PE ratio of 23.49, a P/E/G ratio of 1.90 and a beta of 0.44.

Deutsche Boerse (OTCMKTS:DBOEY) last released its earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. Sell-side analysts anticipate that Deutsche Boerse will post 1.45 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Three 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. According to MarketBeat, Deutsche Boerse presently has an average rating of “Hold”.

About Deutsche Boerse

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing houses, settlement systems and related technology businesses. The company serves institutional investors, banks, corporations and other market participants across the securities, derivatives, foreign exchange, commodities and energy markets.

Its principal businesses include Xetra and the Frankfurt Stock Exchange for cash-equity trading; Eurex for derivatives trading and clearing; and Clearstream for securities settlement, custody and collateral management.