Deutsche Boerse AG (OTCMKTS:DBOEY) Short Interest Down 68.0% in May

Deutsche Boerse AG (OTCMKTS:DBOEY) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 12,543 shares, a drop of 68.0% from the April 30th total of 39,253 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 408,264 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Oddo Bhf raised Deutsche Boerse to an “outperform” rating in a research report on Tuesday, April 28th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Deutsche Boerse in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Deutsche Boerse presently has a consensus rating of “Hold”.

Deutsche Boerse Stock Performance

OTCMKTS DBOEY opened at $28.81 on Monday. Deutsche Boerse has a 1-year low of $23.25 and a 1-year high of $32.78. The stock has a 50-day moving average of $29.51 and a 200-day moving average of $27.06. The firm has a market cap of $51.89 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 1.88 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last released its earnings results on Monday, April 27th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.90 billion. Deutsche Boerse had a return on equity of 19.99% and a net margin of 32.67%. As a group, equities research analysts forecast that Deutsche Boerse will post 1.42 earnings per share for the current fiscal year.

About Deutsche Boerse

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.