Deutsche Boerse AG (OTCMKTS:DBOEY) Short Interest Down 72.4% in August

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 56,618 shares, a decrease of 72.4% from the July 30th total of 205,267 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 187,251 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Deutsche Boerse Stock Performance

Shares of DBOEY stock traded up $0.23 during trading hours on Friday, reaching $33.82. The company had a trading volume of 2,600,926 shares, compared to its average volume of 195,557. The company has a market capitalization of $60.97 billion, a P/E ratio of 24.87, a price-to-earnings-growth ratio of 2.00 and a beta of 0.43. Deutsche Boerse has a twelve month low of $23.25 and a twelve month high of $33.91. The stock’s fifty day simple moving average is $30.13 and its 200 day simple moving average is $29.06.

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%.The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.82 billion. As a group, equities analysts expect that Deutsche Boerse will post 1.45 earnings per share for the current year.

Deutsche Boerse Company Profile

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.