Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Large Growth in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 360,829 shares, an increase of 98.5% from the November 30th total of 181,818 shares. Based on an average daily volume of 1,155,584 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,155,584 shares, the short-interest ratio is currently 0.3 days.

Deutsche Telekom Price Performance

Shares of OTCMKTS DTEGY traded up $0.08 during trading on Friday, hitting $32.56. The company had a trading volume of 254,025 shares, compared to its average volume of 586,140. The company has a market cap of $159.71 billion, a P/E ratio of 12.06, a PEG ratio of 1.42 and a beta of 0.44. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.93 and a current ratio of 1.00. The business’s 50-day moving average is $32.04 and its 200 day moving average is $34.34. Deutsche Telekom has a 52 week low of $29.44 and a 52 week high of $39.04.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its earnings results on Thursday, November 13th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.06. Deutsche Telekom had a return on equity of 10.54% and a net margin of 10.15%.The company had revenue of $33.55 billion for the quarter, compared to analyst estimates of $33.65 billion. Equities research analysts predict that Deutsche Telekom will post 1.86 earnings per share for the current fiscal year.

About Deutsche Telekom

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.