Deutsche Boerse AG (OTCMKTS:DBOEY) Sees Significant Decrease in Short Interest

Deutsche Boerse AG (OTCMKTS:DBOEY) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,858 shares, a decline of 74.4% from the June 15th total of 7,247 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 870,361 shares, the days-to-cover ratio is currently 0.0 days.

Deutsche Boerse Price Performance

Deutsche Boerse stock traded down $0.34 during mid-day trading on Friday, reaching $28.38. 107,697 shares of the company were exchanged, compared to its average volume of 623,439. The firm has a market cap of $51.11 billion, a PE ratio of 21.83, a PEG ratio of 1.85 and a beta of 0.44. The company has a fifty day simple moving average of $28.65 and a 200-day simple moving average of $27.66. Deutsche Boerse has a 12 month low of $23.25 and a 12 month high of $31.44.

Deutsche Boerse (OTCMKTS:DBOEY) last released its earnings results 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 firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.90 billion. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%. Sell-side analysts anticipate that Deutsche Boerse will post 1.42 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on DBOEY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a research report on Friday, May 1st. Oddo Bhf raised shares of Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus 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.