Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Update

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 7,130,000 shares, an increase of 19.2% from the December 15th total of 5,980,000 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 1,490,000 shares, the short-interest ratio is presently 4.8 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded up $0.32 on Friday, reaching $19.09. The company’s stock had a trading volume of 1,048,849 shares, compared to its average volume of 976,150. The company has a market capitalization of $38.02 billion, a P/E ratio of 9.79 and a beta of 1.20. The stock has a 50-day moving average price of $17.30 and a 200-day moving average price of $16.74. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.47. Deutsche Bank Aktiengesellschaft has a 52-week low of $12.43 and a 52-week high of $19.14.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of hedge funds have recently modified their holdings of the business. Atomi Financial Group Inc. raised its stake in Deutsche Bank Aktiengesellschaft by 9.7% during the fourth quarter. Atomi Financial Group Inc. now owns 19,810 shares of the bank’s stock worth $338,000 after purchasing an additional 1,749 shares during the period. Crossmark Global Holdings Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 1.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 168,974 shares of the bank’s stock worth $2,881,000 after purchasing an additional 2,165 shares during the period. Ballentine Partners LLC boosted its position in Deutsche Bank Aktiengesellschaft by 27.6% in the 4th quarter. Ballentine Partners LLC now owns 16,676 shares of the bank’s stock valued at $284,000 after buying an additional 3,612 shares during the period. Ritholtz Wealth Management raised its stake in shares of Deutsche Bank Aktiengesellschaft by 10.9% in the fourth quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock valued at $2,771,000 after acquiring an additional 15,917 shares in the last quarter. Finally, Park Avenue Securities LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 5.1% during the fourth quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank’s stock worth $394,000 after buying an additional 1,113 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.