Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 80.3% in May

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 152,686 shares, an increase of 80.3% from the April 30th total of 84,692 shares. Based on an average trading volume of 1,216,583 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Deutsche Telekom Stock Performance

OTCMKTS DTEGY opened at $33.55 on Wednesday. The stock has a 50-day simple moving average of $34.29 and a two-hundred day simple moving average of $34.21. The firm has a market capitalization of $164.56 billion, a P/E ratio of 16.05, a PEG ratio of 0.84 and a beta of 0.31. Deutsche Telekom has a fifty-two week low of $30.31 and a fifty-two week high of $40.58. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.04 and a current ratio of 1.12.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.45). The company had revenue of $34.97 billion for the quarter, compared to analysts’ expectations of $33.14 billion. Deutsche Telekom had a net margin of 7.38% and a return on equity of 10.94%. Deutsche Telekom has set its FY 2026 guidance at 2.540-2.540 EPS. On average, equities analysts forecast that Deutsche Telekom will post 2.58 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have commented on DTEGY. Zacks Research raised Deutsche Telekom from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Erste Group Bank upgraded Deutsche Telekom from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Wall Street Zen lowered Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Thursday, March 12th. Finally, Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

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.