Deutsche Boerse AG (OTCMKTS:DBOEY) Shares Shorted: Short Interest Up 133.9% in October

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 31,295 shares, an increase of 133.9% from the September 30th total of 13,380 shares. Based on an average trading volume of 324,634 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on DBOEY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th. Oddo Bhf cut Deutsche Boerse from an “outperform” rating to a “neutral” rating in a report on Monday, October 26th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Deutsche Boerse Stock Performance

Shares of DBOEY stock opened at $35.72 on Friday. The company’s 50-day simple moving average is $33.19 and its 200-day simple moving average is $29.61. Deutsche Boerse has a one year low of $23.25 and a one year high of $35.84. The stock has a market capitalization of $63.65 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 2.16 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.79 billion. Deutsche Boerse had a net margin of 34.07% and a return on equity of 21.00%. As a group, research analysts forecast that Deutsche Boerse will post 1.42 EPS for the current year.

About Deutsche Boerse

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.