Short Interest in Deutsche Bank Aktiengesellschaft (NYSE:DB) Expands By 25.8%

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 6,662,962 shares, a growth of 25.8% from the December 31st total of 5,295,664 shares. Based on an average trading volume of 2,444,236 shares, the days-to-cover ratio is presently 2.7 days. Based on an average trading volume of 2,444,236 shares, the days-to-cover ratio is presently 2.7 days.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE DB traded up $0.24 during trading on Tuesday, reaching $39.84. The company had a trading volume of 3,663,717 shares, compared to its average volume of 2,732,224. The company’s fifty day moving average price is $38.27 and its 200-day moving average price is $36.30. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a 12 month low of $18.73 and a 12 month high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.16. The company had revenue of $8.99 billion for the quarter, compared to analyst estimates of $7.71 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%. As a group, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DB shares. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Jefferies Financial Group initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, October 20th. They set a “hold” rating for the company. Barclays raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. Citigroup reaffirmed a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 22nd. Finally, Zacks Research lowered Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its stake in Deutsche Bank Aktiengesellschaft by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock worth $3,005,000 after buying an additional 17,262 shares during the period. Focus Partners Wealth bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the first quarter valued at approximately $795,000. Sivia Capital Partners LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $413,000. Farther Finance Advisors LLC grew its position in Deutsche Bank Aktiengesellschaft by 46.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,387 shares of the bank’s stock valued at $70,000 after purchasing an additional 758 shares during the period. Finally, HB Wealth Management LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at $256,000. 27.90% of the stock is owned by institutional investors and hedge funds.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.