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

Deutsche Börse AG (OTCMKTS:DBOEY) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 11,900 shares, a decline of 59.1% from the October 15th total of 29,100 shares. Based on an average daily trading volume, of 157,000 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Deutsche Börse to a “hold” rating in a report on Friday, October 4th.

Deutsche Börse Stock Performance

Deutsche Börse stock traded down $0.13 during mid-day trading on Friday, hitting $22.04. 111,584 shares of the company’s stock were exchanged, compared to its average volume of 97,597. Deutsche Börse has a fifty-two week low of $17.95 and a fifty-two week high of $23.77. The company’s 50 day simple moving average is $23.12 and its 200-day simple moving average is $21.37.

Deutsche Börse (OTCMKTS:DBOEY) last posted its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.45%. The business had revenue of $1.88 billion for the quarter. On average, research analysts predict that Deutsche Börse will post 1.18 EPS for the current year.

Deutsche Börse Company Profile

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.