Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Down 67.5% in June

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 200,804 shares, a drop of 67.5% from the June 15th total of 617,318 shares. Based on an average trading volume of 1,577,392 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of research analysts have commented on DTEGY shares. Citigroup restated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, April 20th. Zacks Research raised Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Erste Group Bank lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Telekom Stock Performance

Shares of OTCMKTS:DTEGY opened at $29.83 on Monday. The stock has a market capitalization of $146.32 billion, a PE ratio of 14.27, a P/E/G ratio of 0.75 and a beta of 0.34. Deutsche Telekom has a 1 year low of $26.90 and a 1 year high of $40.58. The firm has a fifty day moving average price of $31.64 and a 200 day moving average price of $33.97. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 1.11.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its earnings results on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.45). Deutsche Telekom had a net margin of 7.38% and a return on equity of 10.86%. The company had revenue of $34.97 billion for the quarter, compared to the consensus estimate of $33.14 billion. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. Analysts expect that Deutsche Telekom will post 2.53 EPS for the current fiscal year.

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.